Corporate governance is a system of rules, practices and procedures that determine how an organisation or business operates. This enables an organisation to make sure it is always meeting its objectives, while aligning with wider social and environmental issues, balancing the interests of all its stakeholders (shareholders, employees, suppliers, customers and the community), and maximising trust.
Good governance maximises accountability and creates a basis for better decision-making for an organisation as a whole.
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How are board members appointed or removed in the UK?
September 10th
Appointing directors Directors are most commonly appointed by shareholders at a company’s Annual General Meeting (AGM), or at an Extraordinary General Meeting (EGM). If a vacancy on the board arises…
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What financial and non-financial information must UK companies disclose to the public?
September 10th
UK companies are required to disclose certain financial and non-financial information, both in general and through their annual reports and accounts. This information must be made available to shareholders and…
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What criteria must individuals fulfil to become directors in the UK?
September 10th
A director may be an individual or another legal entity (such as a company). If the director is an individual, he or she may hold office provided that:• he or…
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