Corporate governance is the structure through which an organisation is directed, controlled and held accountable. It defines a framework of rights, responsibilities, procedures and relationships amongst the various stakeholders of an organisation, including its directors, managers, shareholders and regulators. The board of directors – or equivalent governing body - is at the heart of any framework of corporate governance, and is arguably the most important mechanism for ensuring that the organisation makes effective decisions which are consistent with its ultimate objectives and mission.
What the section covers:
The corporate governance section of the website covers a range of issues that affect directors and those on the governing bodies of other types of organisation including:
- The role of the director and the board
- Corporate governance in the EU and other countries
- The relationship between directors and shareholders
- The governance of unlisted companies and public bodies
- Corporate governance codes
- Corporate responsibility and sustainability
- The Companies Act 2006
- Risk management
For information and advice on these issues, visit the Guidance area.
E: Roger Barker