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Achieving Nepal’s sustainable development goals (SDGs) by effective compliance of corporate governance

Journal: Quest Journal of Management and Social Sciences (Vol.1, No. 1)

Publication Date:

Authors : ; ; ; ; ;

Page : 50-72

Keywords : Corporate governance; corporate performance; sustainable development; sustainable development goals; transparency;

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Abstract

Background: it has been almost two that sustainable development has been a global agenda in a form or other. Nepal's efforts to successful execu­tion of millennium development goals (MDGs) also opened new paradigms for the enactment of sustainable development goals (SDGs) planned for 2016-2030. The MDGs based on millennium declaration in the year 2000 by the United Nations (UN) has set foundation for the SDGs 2016-2030. Objectives: The primary purpose of this discourse was to establish the relationship between effective compliance of corporate governance and Nepal's potential for the attainment of SDGs 2016-2030. Methods: Fully based on desk review performed in a qualitative setting of inquiry. Results: There is positive relationship between effective compliance of corporate governance (CG) and potential for the attainment of SDGs 2016-2030 in changing context of Nepal. Further, this paper highlights the gen­eral national scenarios, issues, challenges and ways forward in governing sustainable corporate development in Nepal to contribute the nation in its mission to attainment of sustainable development goals 2016-2030. Conclusions: Effective compliance of corporate governance serves as an instrumental prerequisite for enhancing national potential to achieve Ne­pal's national shared goals on SDG. Implications: Nepal needs immediate goals diffusion with appropriate re­sources allocation for each participant of sustainable development.

Last modified: 2020-07-12 00:34:41