ISSN (E): 2181-4570 ResearchBib Impact Factor: 6,4 / 2023 SJIF 2024 = 5.073/Volume-2, Issue-5
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- Invest in training programs that promote transparency,
diversity and
inclusion. Help employees understand the importance of transparency in the workplace.
5. Leadership by example:
- Managers and directors must demonstrate transparent behavior in their
actions and decisions. This sets a positive example for others to follow.
6. Dispute Resolution:
- Establish fair and transparent dispute resolution processes. Ensure open and
fair resolution of disputes.
7. Ethical principles:
- Develop and apply ethical principles and codes of conduct.
Make sure
employees understand these guidelines and the consequences of not following them.
8. Transparency in decision-making:
- Involve employees in decision-making processes wherever possible.
Explain the rationale for decisions and their impact on the organization.
9. Data transparency:
- Be transparent about data and metrics. Share the latest information with
employees on the organization's performance, goals and key metrics.
10. Open Door Policy:
- Encourage an open-door policy in which employees feel comfortable
approaching managers or supervisors with their
concerns, questions or ideas.
45% of them thought that engagement is the second best way to rise shareholders’
roles in companies. Shareholder engagement is a unique form of exchange between
shareholders and the company. This is a different type of interaction than analyst calls
or shareholder activism. Stakeholder engagement is independent
of the details of
business strategy. Through shareholder engagement, investors have the opportunity to
reframe governance issues as business issues so that they can engage with business
leaders on issues that could become business risks.
Essentially, shareholders want confidence that corporate governance policies and
practices are likely to result in decisions that are in their long-term interests. During
shareholder
conversations, investors have the opportunity to ask questions on topics
such as board accountability to shareholders, executive compensation, and corporate
social responsibility practices.
And also Treating shareholders equally is effective one:
