Corporate governance sbl

Corporate governance can be seen as having internal and external sources, where external corporate governance consists of mandatory and voluntary codes, reports IntroductionThe separation of ownership Corporate governance

What are the principles of corporate governance?

This is evidenced by the Organisation for Economic Co-operation and Development (OECD) Principles of Corporate Governance stating that: 'the corporate governance framework should ensure the strategic guidance of the company, the effective monitoring of management by the board, and the board’s accountability to the company and the shareholders'

What is a corporate governance framework?

'the corporate governance framework should ensure the strategic guidance of the company, the effective monitoring of management by the board, and the board’s accountability to the company and the shareholders'

This, in turn, links to the fundamental concepts of corporate governance – namely, judgment, responsibility and accountability

What is the role of a board of directors in corporate governance?

Board of directors: The board of directors should set the direction of the company and monitor management in order that the company will achieve its objectives

The corporate governance framework should underpin the board’s accountability to the company and its members

To whom is corporate governance relevant?

Categories