Part 8/9:
Despite the framework set for boards to act in the best interest of shareholders, the realities of corporate governance are riddled with challenges. The blending of business interests, government relationships, and internal dynamics often clouds the original intentions behind board appointments, leading to extensive discussions around the ethical implications of current practices.
Consequently, there are substantial concerns about the alignment of corporate governance with long-term sustainability and ethical oversight, which are increasingly scrutinized by stakeholders and society at large.