{"id":351108,"date":"2025-02-08T11:27:19","date_gmt":"2025-02-08T05:57:19","guid":{"rendered":"https:\/\/www.technologyforyou.org\/?p=351108"},"modified":"2025-02-08T11:27:19","modified_gmt":"2025-02-08T05:57:19","slug":"robust-corporate-governance-a-strategic-imperative-for-business-resilience-and-growth-says-globaldata","status":"publish","type":"post","link":"https:\/\/www.technologyforyou.org\/robust-corporate-governance-a-strategic-imperative-for-business-resilience-and-growth-says-globaldata\/","title":{"rendered":"Robust corporate governance a strategic imperative for business resilience and growth, says GlobalData"},"content":{"rendered":"<div class=\"post_text\">\n<div class=\"post_text_inner\">\n<p class=\"post_info\">Effective corporate governance is essential for sustainable business growth. As regulatory scrutiny intensifies, companies must strengthen governance frameworks, including risk management and anti-corruption measures, to ensure compliance and long-term resilience. Weak governance can undermine trust, while a well-structured approach enhances competitiveness, drives value creation, and positions businesses for sustained success<strong>,\u00a0<\/strong>according to\u00a0GlobalData, a leading data and analytics company.<\/p>\n<\/div>\n<\/div>\n<div class=\"post_text\">\n<p>GlobalData\u2019s latest Strategic Intelligence report, \u201cESG \u2013 Governance Factors,\u201d reveals that poor governance practices are at the root of many corporate scandals. In 2024, the US regulators criticized Boeing\u2019s board for failing to hold management accountable for a deterioration of controls around safety standards. The company\u2019s challenges predate the COVID-19 pandemic and labor strikes, with the 737 MAX crashes exposing serious lapses in production quality, oversight, and regulatory compliance.<\/p>\n<p><strong>Pinky Hiranandani, Senior\u00a0Strategic Intelligence\u00a0Analyst at GlobalData, comments:<\/strong> \u201cGovernance failures have led to the demise of several companies. In 2024, Sam Bankman-Fried, founder and CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison for defrauding investors. The collapse of FTX underscores the critical importance of robust corporate governance and highlights the need for investors to prioritize governance risks in their due diligence processes.\u201d<\/p>\n<p>Indian edtech startup Byju\u2019s saw its valuation collapse from $22 billion in 2022 to just $1 billion in 2024. Aggressive acquisitions, coinciding with a post-pandemic slowdown in edtech demand, exacerbated its challenges. Governance concerns, including a lack of transparency in management, further eroded investor confidence, underscoring the critical role of sound governance in sustaining business stability.<\/p>\n<p>Hiranandani concludes: \u201cCompanies with poor corporate structure and risk management, weak internal controls, and unethical practices can quickly become the target of consumer and shareholder ire, which can jeopardize their future viability. As regulatory expectations rise, businesses must view governance not as a compliance burden but as a strategic advantage that fosters innovation, enhances reputation, and drives sustainable growth.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Effective corporate governance is essential for sustainable business growth. As regulatory scrutiny intensifies, companies must strengthen governance frameworks, including risk management and anti-corruption measures, to ensure compliance and long-term resilience. Weak governance can undermine trust, while a well-structured approach enhances competitiveness, drives value creation, and positions businesses for sustained success,\u00a0according to\u00a0GlobalData, a leading data and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14083],"tags":[],"class_list":{"0":"post-351108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-technology-industry-news"},"_links":{"self":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/351108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/comments?post=351108"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/posts\/351108\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/media?parent=351108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/categories?post=351108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyforyou.org\/wp-json\/wp\/v2\/tags?post=351108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}