Corporate governance vocabulary

What is the jargon of corporate governance?
Corporate Governance: A system of check and balances consisting of at least a board of directors to oversee management and an external auditor for its financial statements.
Corporate Governance Ratings: Rating systems developed to grade the quality of a company's corporate governance._{Oct 19, 2020}.
What means by corporate governance?
Corporate governance is the system by which companies are directed and controlled.
Boards of directors are responsible for the governance of their companies.
The shareholders' role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place..

Corporate Governance GlossaryBOARD COMMITTEES (e.g., Audit, Risk, Governance and Nomination)CONTROL / CONTROLLING SHAREHOLDERS / CHANGES OF CONTROLCODE

“Corporate governance refers to the structures and processes for the direction and control of companies.” Thus, corporate governance covers: Financial Stakeholders (Shareholders); Boards of Directors (Checks and Balances);

“Corporate governance refers to the structures and processes for the direction and control of companies.” Thus, corporate governance covers: Financial

Is corporate governance a good idea?

Corporate governance has become a well-discussed and controversial topic among corporations, shareholders, and the general public.
However, the debate over what constitutes “good governance” often lacks structure, making it difficult for shareholders and stakeholders alike to have a constructive discussion about how to improve corporate outcomes.

What is a corporate governance system?

A corporate governance system is the collection of control mechanisms (processes and procedures) that an organization adopts to prevent or dissuade potentially self-interested managers from engaging in activities detrimental to the welfare of shareholders and stakeholders.

What role does a board of directors play in corporate governance?

The board of directors is the primary direct stakeholder influencing corporate governance.
Directors are elected by shareholders or appointed by other board members.
They represent shareholders of the company.
The board is tasked with making important decisions, such as:

corporate officer appointments

executive compensation

and dividend policy.

Who affects corporate governance?

Proxy advisors and shareholders are important stakeholders who can affect governance.
Communicating a firm's corporate governance is a key component of community and investor relations.
For instance, Apple Inc.'s investor relations site outlines its corporate leadership (its executive team and board of directors).

Corporate governance vocabulary

What is the jargon of corporate governance?

What means by corporate governance?

Is corporate governance a good idea?

What is a corporate governance system?

What role does a board of directors play in corporate governance?

Who affects corporate governance?