Corporate governance explained

  • What is governance and how does it work?

    Governance can be defined as: “The system by which entities are directed and controlled.
    It is concerned with structure and processes for decision making, accountability, control and behaviour at the top of an entity..

Comply or explain is a regulatory approach used in the United Kingdom, Germany, the Netherlands and other countries in the field of corporate governance and financial supervision.
Rather than setting out binding laws, government regulators set out a code, which listed companies may either comply with, or if they do not comply, explain publicly why they do not.

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