DOI: 10.26526/2307-9401-2023-4-46-50 ISSN: 2307-9401

EFFECTIVE CORPORATE GOVERNANCE IS THE KEY TO THE SUCCESSFUL FUNCTIONNING OF A BANKING ORGANIZATION

Nadezhda Kirosir
  • General Earth and Planetary Sciences
  • General Environmental Science

The article discusses the main components of corporate governance in banks, which are crucial for maintaining the stability and reliability of the banking business. Particular attention is paid to the role of the Board of Directors, which is the main authority for overseeing the strategic course of the company and its activities. The issues of risk management, transparency and openness of information, shareholders' rights and compliance with regulatory requirements are also highlighted.

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