Corporate governance: Difference between revisions
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1. | 1. | ||
A framework that | |||
(i) provides guidance on strategy, including assessing risk <br> | |||
(ii) ensures effective monitoring of management and <br> | |||
(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. | |||
Among other concerns, corporate governance includes management structure, employee relations and executive and employee compensation. | |||
2. | 2. | ||
Comparable frameworks in non-commercial organisations. In the non-commercial context the term 'governance' (without the 'corporate' part) is more common. | 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 == | ||
* [[Accountability]] | |||
* [[Agency risk]] | |||
* [[Audit committee]] | |||
* [[Board of directors]] | * [[Board of directors]] | ||
* [[Board reserved powers]] | |||
* [[Corporate]] | |||
* [[Corporate Governance Institute ]] | |||
* [[Corporate social responsibility ]] | * [[Corporate social responsibility ]] | ||
* [[Developments in corporate and market regulation: implications for the treasurer]] | |||
* [[ESG]] | |||
* [[ESG investment]] | * [[ESG investment]] | ||
* [[Ethics]] | |||
* [[Goal congruence]] | |||
* [[Governance]] | * [[Governance]] | ||
* [[IFC Corporate Governance Methodology]] | |||
* [[Kay Review]] | * [[Kay Review]] | ||
* [[Institute of Business Ethics]] | |||
* [[Non-Executive Director]] | |||
* [[Shareholder value]] | |||
* [[Stakeholder governance]] | |||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
==Other | ==Other resource== | ||
[http://www.treasurers.org/node/10141 Doing the right thing, Sarah Boyce, The Treasurer | [http://www.treasurers.org/node/10141 Doing the right thing, ''Sarah Boyce'', The Treasurer] | ||
[[Category:Corporate_finance]] | [[Category:Corporate_finance]] | ||
[[Category:Ethics_and_corporate_governance]] | [[Category:Ethics_and_corporate_governance]] | ||
Latest revision as of 16:55, 22 November 2022
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.
Among other concerns, corporate governance includes management structure, employee relations and executive and employee compensation.
2.
Comparable frameworks in non-commercial organisations.
In the non-commercial context the term 'governance' (without the 'corporate' part) is more common.
See also
- Accountability
- Agency risk
- Audit committee
- Board of directors
- Board reserved powers
- Corporate
- Corporate Governance Institute
- Corporate social responsibility
- Developments in corporate and market regulation: implications for the treasurer
- ESG
- ESG investment
- Ethics
- Goal congruence
- Governance
- IFC Corporate Governance Methodology
- Kay Review
- Institute of Business Ethics
- Non-Executive Director
- Shareholder value
- Stakeholder governance
- UK Corporate Governance Code
