Corporate governance: Difference between revisions

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In the commercial context, the framework that provides guidance on corporate strategy including assessing risk, ensures effective monitoring of management by the board of directors and makes certain the board is accountable to the company and the shareholders.
A framework that  
 
(i) provides guidance on strategy, including assessing risk <br>
(ii) ensures effective monitoring of management and <br>
(iii) makes certain that managers are accountable to stakeholders.
 
 
The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the organisation.
 
Among other concerns, corporate governance includes management structure, employee relations and executive and employee compensation.




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2.


Comparable frameworks in non-commercial organisations. In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.
Comparable frameworks in non-commercial organisations.  
 
In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.




== See also ==
== See also ==
* [[Accountability]]
* [[Agency risk]]
* [[Audit committee]]
* [[Board of directors]]
* [[Board of directors]]
* [[Board reserved powers]]
* [[Corporate]]
* [[Corporate Governance Institute ]]
* [[Corporate social responsibility ]]
* [[Corporate social responsibility ]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Environmental, social and governance]]  (ESG)
* [[ESG investment]]
* [[ESG investment]]
* [[Ethics]]
* [[Goal congruence]]
* [[Governance]]
* [[Governance]]
* [[IFC Corporate Governance Methodology]]
* [[Kay Review]]
* [[Kay Review]]
* [[Institute of Business Ethics]]
* [[Non-Executive Director]]
* [[Shareholder value]]
* [[Stakeholder governance]]
* [[UK Corporate Governance Code]]
* [[UK Corporate Governance Code]]


[[Category:Corporate_Strategy]]
 
==Other resource==
[http://www.treasurers.org/node/10141 Doing the right thing, ''Sarah Boyce'', The Treasurer]
 
[[Category:Corporate_finance]]

Latest revision as of 19:54, 3 August 2024

1.

A framework that

(i) provides guidance on strategy, including assessing risk
(ii) ensures effective monitoring of management and
(iii) makes certain that managers are accountable to stakeholders.


The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the organisation.

Among other concerns, corporate governance includes management structure, employee relations and executive and employee compensation.


2.

Comparable frameworks in non-commercial organisations.

In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.


See also


Other resource

Doing the right thing, Sarah Boyce, The Treasurer