Abstract:
Corporate governance is a process that aims to allocate corporate resources in
a manner that maximizes value for all stakeholders – shareholders, investors,
employees, customers, suppliers, environment and the community at large and
holds those at the helms to account by evaluating their decisions on
transparency, inclusivity, equity and responsibility. Corporate Leadership
need to be attentive in effecting good corporate governance and for this
purpose they should possess specific leadership characteristics. The goal of
this paper is to analyze the concept of good governance and the concept of
leadership to propose specific leadership characteristics to strengthen good
corporate governance. This study is significant in recruiting corporate leaders,
training and motivating them for the betterment of the good corporate
governance in the business world today. Scientific literature analysis was the
main methodology employed in this regard and it is indicated that competence,
accountability, integrity, relationships, values and steadiness are essential
leadership qualities in effecting good corporate governance.