In the United States, management accountability is a crucial element of effective corporate governance, emphasizing responsibility for ethical and legal conduct. This accountability framework is vital for upholding public trust, transparency, and organizational success. Management accountability is important for various reasons, including fostering ethical behavior, building trust, promoting transparency, and ensuring compliance with laws and regulations. Key aspects of management accountability encompass corporate governance, ethical conduct, financial stewardship, risk management, and more. Enforcement mechanisms, such as legal action, regulatory oversight, and whistleblower programs, are critical for ensuring compliance and deterring misconduct. In summary, management accountability is a cornerstone of governance, promoting responsible leadership and organizational resilience in the US.
1.Management Accountability: A cornerstone of effective corporate governance in the US, emphasizing responsibility for ethical and legal conduct