What is a Good Company?

Companies have always been playing an important role in the in the economy of modern society. Like living creatures, companies are born, they grow up and they die. For generations, entrepreneurs, investors and consumers have been asking the same question: What is a good company? According to the trend of the recent decade, the concept of a ¡°good company¡± is no longer confined to its monetary success. Researchers pointed out that a good ¡°corporate citizenship¡± …

…well be a charity organization. Creativity and innovation are also essential factors, as can be seen in Intel¡¯s success story. There are also several criteria through which a company is evaluated, which include quality of economic arrangement, level of corruption, quality of accounting standards, effectiveness of regulatory system, effectiveness of banking sector, and so on. With good corporate citizenship and these factors, a company can be regarded as good and may seek long-term prosperity.