Corporate governance
From ACT Wiki
1. 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.
2. Comparable frameworks in non-commercial organisations. In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.
See also
- Board of directors
- Corporate social responsibility
- ESG investment
- Governance
- Kay Review
- UK Corporate Governance Code