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Abstract


corporation are the main player in global market .They are mainly responsible for generating majority of economic activities in the world ranging from goods and services to capital and resources. The essence of corporate governance is in promoting and maintaining integrity transparency and accountability in the management of the company as well as making of value principle and polices of corporation .Hence there is great need to increase awareness among entrepreneurs about the various aspects of corporate governance .corporate governance  is a key element improving the economic efficiency of a firm .Good corporate governance also helps ensure that corporation take into account the interests a wide range of people as well as communities within which they operate .corporate governance is concerned with set of principles ,ethics, value morals ,rule ,regulation and procedures .It establishes system where director are attached with duty and responsibilities in relation to the direction of company affairs ,this paper deal with the newly concept of corporate governance and how it is beneficial for stakeholders its scope and role of corporate governance.


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