The Importance of Corporate Governance

Dan Konigsburg, Managing Director of Deloitte’s Center for Corporate Governance, discusses how corporate governance is important for the private sector in all contexts including emerging markets.  The Organisation for Economic Co-operation and Development Principles of Corporate Governance have evolved to include a broader understanding of stakeholders, practices, and enabling environment supporting good governance.  Konigsburg recommends that countries think carefully about which governance approach is appropriate for their particular context.