1. Explain the 360° benefits of doing corporate governance.

Talking about Corporate Governance, it has a lot of benefits not just for the
company itself but for the people, environment, and society as a whole. As to the
company, the common benefit of implementing corporate governance is that it gives rise
to the business in terms of its popularity and sales. A company with corporate governance
establishes a good relationship inside and outside the company. It enables to build trust
from the shareholders, employees, customers, and the society as it creates transparency
towards one another. So as the company continues to operate with good governance, the
people and the society will also benefit from it. The projects of the companies that are
meant for the people like scholarships, building a foundation, donating funds to calamity
victims, etc. Due to this, it allows the people to live a better life with the help of
implementing good governance in the business. Moreover, companies with good
governance increase their longevity in the industry. It helps them to build a good
reputation and venture into new opportunities that could help the business grow.