What is Corporate Governance?

Corporate Governance is the system of rules, practices, and processes by which a firm is directed and controlled. Corporate Governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. Since Corporate Governance also provides the framework for attaining a company's objectives, it encompasses practically every sphere of management, from action plans and internal controls to performance measurement and corporate disclosure.

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The Basics of Corporate Governance

Corporate Governance refers specifically to the set of rules, controls, policies, and resolutions put in place to dictate corporate behaviour. Proxy advisors and shareholders are important stakeholders who indirectly affect governance, but these are not examples of governance itself. The board of directors is pivotal in governance, and it can have major ramifications for equity valuation.

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Request Management Consultancy provides a 4-day training course and 1-day gap analysis for private as well as public organizations.

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For a full program of this course, see the next page.

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