Corporate governance and Corporate sector purchase programme: Difference between pages

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imported>Doug Williamson
(Create page. Source: ECB Europa webpage https://www.ecb.europa.eu/press/pr/date/2016/html/pr160421_1.en.html)
 
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1.
''Monetary policy - Eurosystem - Asset Purchase Programme.''


A framework that
(CSPP).


(i) provides guidance on strategy, including assessing risk <br>
The Eurosystem's corporate sector purchase programme is part of its asset purchase programme, and is coordinated by the European Central Bank (ECB).
(ii) ensures effective monitoring of management and <br>
(iii) makes certain that managers are accountable to stakeholders.


Assets eligible for purchase are investment grade euro-denominated bonds, issued by non-bank corporations established in the euro area.


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.
The CSPP was established in 2016.
 
 
2.
 
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 ==
* [[Agency risk]]
* [[Asset-backed securities purchase programme]]
* [[Audit committee]]
* [[Asset purchase programme]]
* [[Board of directors]]
* [[Bond]]
* [[Board reserved powers]]
* [[Central bank]]
* [[Corporate social responsibility ]]
* [[Covered bond purchase programme]]
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[euro]]
* [[ESG]]
* [[Euro area]]
* [[ESG investment]]
* [[European Central Bank]]
* [[Ethics]]
* [[Eurosystem]]
* [[Governance]]
* [[Helicopter money]]
* [[Kay Review]]
* [[Investment grade]]
* [[Institute of Business Ethics]]
* [[Modern Monetary Theory]]
* [[Shareholder value]]
* [[Monetary policy]]
* [[UK Corporate Governance Code]]
* [[Money supply]]
 
* [[Quantitative easing]]
 
* [[Public sector purchase programme]]
===Other links===
* [[Unconventional monetary policy]]
[http://www.treasurers.org/node/10141 Doing the right thing, ''Sarah Boyce'', The Treasurer]


[[Category:Corporate_finance]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Ethics_and_corporate_governance]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]

Latest revision as of 01:46, 27 January 2021

Monetary policy - Eurosystem - Asset Purchase Programme.

(CSPP).

The Eurosystem's corporate sector purchase programme is part of its asset purchase programme, and is coordinated by the European Central Bank (ECB).

Assets eligible for purchase are investment grade euro-denominated bonds, issued by non-bank corporations established in the euro area.


The CSPP was established in 2016.


See also