Role of Knowledge Management in Strengthening Corporate Governance in the Organisation

Abstract

Knowledge is an asset for every individual and organisation, Knowledge includes set of know how, process technology, marketing strategy, accounting system, managerial skills etc. there is a great deal  in the corporate and business world that information and knowledge can be vital tools in the organisation. Fairness, transparency, responsibility and accountability is the basic principles of corporate governance. During last 25 years business world had grown rapidly. Simultaneously many corporate failures and scams also being happening all over the world including India. So there is a need of strict corporate governance code implementation in every organisation. So effective knowledge development in this regard is very much essential for the success of corporate governance. Knowledge regarding basic principles of corporate governance, sustainability in business, Corporate Social responsibility is essential to all responsible corporate members like any other marketing and technical knowledge. This research paper is based on secondary data and primary data.  In this paper researcher having   main objective to identify the role of knowledge management in effective corporate governance in the organisation.

Keywords: Corporate Governance, Sustainable development, Knowledge Management, Corporate Committee.

DOI: 10.7176/IKM/9-11-01

Publication date: December 31^st 2019