Corporate governance overview issues and concepts

  • What are the issues and concepts of corporate governance?

    Major corporate governance issues include:
    Fairness – Stakeholders at all levels should be treated equitably and reasonably.
    Violations should be redressed effectively.
    Transparency – the organisation should not need to keep secrets.
    Outsiders should be able to observe the organisation's transactions and processes..

  • The theory refers to the relationships established between the owners of a company and its directors, relationships embodied in a mandate (agent) contract which consists in one first part (the principal) that engages the other part (the agent) to perform some services on their behalf.

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