Corporate governance: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Link with Institute of Business Ethics page.) |
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== See also == | == See also == | ||
* [[Agency risk]] | |||
* [[Board of directors]] | * [[Board of directors]] | ||
* [[Board reserved powers]] | * [[Board reserved powers]] | ||
* [[Corporate social responsibility ]] | * [[Corporate social responsibility ]] | ||
* [[Developments in corporate and market regulation: implications for the treasurer]] | |||
* [[ESG investment]] | * [[ESG investment]] | ||
* [[Ethics]] | |||
* [[Governance]] | * [[Governance]] | ||
* [[Kay Review]] | * [[Kay Review]] | ||
* [[Institute of Business Ethics]] | |||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
Revision as of 12:54, 11 February 2017
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.
2.
Comparable frameworks in non-commercial organisations.
In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.
See also
- Agency risk
- Board of directors
- Board reserved powers
- Corporate social responsibility
- Developments in corporate and market regulation: implications for the treasurer
- ESG investment
- Ethics
- Governance
- Kay Review
- Institute of Business Ethics
- UK Corporate Governance Code