Excerpt from 2021 Corporate Governance Conference Panel Discussion
Emerging trends in corporate governance includes a considerable and renewed focus on sustainability, information technology (IT) governance, ‘environmental, social and governance’ (ESG) guidelines, stakeholder management, gender diversity, and the Board’s role in digital transformation. The emphasis on sustainability and the pronouncement of the Sustainability Development Goals (SDGs) have encouraged companies to develop strategies for their long-term growth with sustainability as a key element. Academic research has established the positive relationship between sustainability and financial performance. The American Governance & Accountability (G&A) Institute reported that approximately 82% of S&P 500 companies issued sustainability reports in 2016. In Nigeria, over 77% of the...
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