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Benefits of Corporate
Governance
Robert Heist
Introduction
• The recipient of a juris doctor from the University of Illinois-John Marshall Law
School in Illinois, Robert Heist is the owner and principal attorney at R. Connor
& Associates, P.C. and the Chairman of the Board at Hershey Trust Company and
leading the way with corporate governance as a NACD Governance Fellow.
Attorney Robert Heist has practiced in the area of general corporate laws,
including corporate governance, corporate compliance, and mergers and
acquisitions.
Corporate governance, the process by which companies are managed and
directed, is conducted by committees and board of directors to provide benefits
for the company’s stakeholders. Various participants, including the company’s
management, the board of directors, and shareholders are involved in
modifying corporate performance by making strategic decisions.
Corporate governance helps companies create and develop brands. Due to
strategic planning, wastages and mismanagement of resources are minimized,
which contributes to the reduction of capital cost and an increase of corporate
success and economic growth. Corporate governance also has a positive impact
on the share price and helps maintain investors’ confidence. In addition,
corporate governance encourages an ethical and trustworthy corporate
environment.

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Benefits of Corporate Governance

  • 2. Introduction • The recipient of a juris doctor from the University of Illinois-John Marshall Law School in Illinois, Robert Heist is the owner and principal attorney at R. Connor & Associates, P.C. and the Chairman of the Board at Hershey Trust Company and leading the way with corporate governance as a NACD Governance Fellow. Attorney Robert Heist has practiced in the area of general corporate laws, including corporate governance, corporate compliance, and mergers and acquisitions. Corporate governance, the process by which companies are managed and directed, is conducted by committees and board of directors to provide benefits for the company’s stakeholders. Various participants, including the company’s management, the board of directors, and shareholders are involved in modifying corporate performance by making strategic decisions. Corporate governance helps companies create and develop brands. Due to strategic planning, wastages and mismanagement of resources are minimized, which contributes to the reduction of capital cost and an increase of corporate success and economic growth. Corporate governance also has a positive impact on the share price and helps maintain investors’ confidence. In addition, corporate governance encourages an ethical and trustworthy corporate environment.