Corporate governance: Difference between revisions
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imported>Doug Williamson (Link with Institute of Business Ethics page.) |
imported>Doug Williamson (Link with Shareholder value.) |
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* [[Kay Review]] | * [[Kay Review]] | ||
* [[Institute of Business Ethics]] | * [[Institute of Business Ethics]] | ||
* [[Shareholder value]] | |||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
Revision as of 17:36, 28 January 2018
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
- Shareholder value
- UK Corporate Governance Code
