Corporate governance: Difference between revisions
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imported>Doug Williamson (Add link.) |
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* [[Kay Review]] | * [[Kay Review]] | ||
* [[Institute of Business Ethics]] | * [[Institute of Business Ethics]] | ||
* [[Non-Executive Director]] | |||
* [[Shareholder value]] | * [[Shareholder value]] | ||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
Revision as of 01:48, 27 May 2021
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
- Accountability
- Agency risk
- Audit committee
- Board of directors
- Board reserved powers
- Corporate social responsibility
- Developments in corporate and market regulation: implications for the treasurer
- ESG
- ESG investment
- Ethics
- Governance
- Kay Review
- Institute of Business Ethics
- Non-Executive Director
- Shareholder value
- UK Corporate Governance Code
