Governance: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson (Expand the page for broader second definition. Source: Bank of England's supervision of financial market infrastructures - Annual Report March 2014, p16: http://www.bankofengland.co.uk/publications/Pages/fmi/default.aspx) |
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A framework that provides guidance on strategy including assessing risk, ensures effective monitoring of management and makes certain that managers are accountable to stakeholders. | #A framework that provides guidance on strategy including assessing risk, ensures effective monitoring of management and makes certain that managers are accountable to stakeholders. In the commercial context, this framework is known as ''corporate governance''. | ||
#The broader set of relationships and responsibilities of an organisation, particularly of a financial organisation. Governance in this context extends to other parties including other interdependent organisations and the broader financial markets. | |||
In the commercial context, this framework is known as ''corporate governance''. | |||
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[[Category:Corporate_Strategy]] | [[Category:Corporate_Strategy]] | ||
[[Category:Regulation_and_Law]] | |||
[[Category:Business_and_Operational_Risk]] | |||
[[Category:Managing_Risk]] | |||
[[Category:Control_and_Reporting]] | |||
Revision as of 14:01, 18 March 2014
- A framework that provides guidance on strategy including assessing risk, ensures effective monitoring of management and makes certain that managers are accountable to stakeholders. In the commercial context, this framework is known as corporate governance.
- The broader set of relationships and responsibilities of an organisation, particularly of a financial organisation. Governance in this context extends to other parties including other interdependent organisations and the broader financial markets.
