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Category: Management and Leadership Resource Centre

Definition of Corporate Governance...

Corporate Governance is a system of rules and practices by which organizational institutions are directed and controlled.

Objectives of Corporate Governance...

1. Definition and distribution of rights and responsibilities amongst participants within an organization.

2. Specification of rules for decision-making.

3. Guidance in an appropriate strategy and structure that will facilitate the achievement of objectives.

4. Being a monitoring mechanism.

5. Alignment of stakeholder interests.

Core Governance Role of the Board of Directors...

Strategic Direction

It is the Board's responsibility to provide strategic direction and to guide and approve the Organisational Strategy.

Compliance & Accountability

The Board represents the shareholders of the organisation and are therefore ultimately accountable for the actions and inactions of the organisation. Hence, the Board should ensure that the organisation complies with relevant legislation and Government guidelines. Moreover they should ensure that the Excecutives of the organisation is accountable for such compliance.

Risk & Strategy Monitoring

One of the primary functions of a Board is manage the risk of non-performance and organisational irellevance. Therefore, risk and strategy monitoring is a primary governance function of the Board.

Articles & Blog Posts on Corporate Governance:

Follow  Derek Hendrikz on Derek's Blog and My Articles and get all his write up's on a variaty of topics... Click Here!

• No articles of blog posts currently available

Video Clips on Corporate Governance:

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PowerPoint Slides on Corporate Governance:

Follow  Derek Hendrikz on Slideshare and get all his PowerPoint Slide Presentations on a variaty of topics... Click Here!

Click Here for Clipboard on all Risk Management Slides

• Introduction to Corporate Governance

• Practical Board Management

• Corporate Social Responsibility

• Generally Accepted Accounting Practice (GAAP)

• The King Report

• Code of Corporate Governance issued by the Capital Market Authority (CMA) in Oman

• Governance of Company Subsidiaries

Process Flow Charts on Corporate Governance:

• The Board Governance Process

Templates on Corporate Governance:

•  No Templates Available 

Important Guidelines to Corporate Governance:

• Corporate Governance - the Foundation for Corporate Citizenship and Sustainable Business

• King Report III

• King Report IV
  

• OECD Principles of Corporate Governance

• Stock exchange listing standards

Key Institutions relating to Corporate Governance:

• The Institute of Directors in Southern Africa (IoDSA)

• International Corporate Governance Network (ICGN)

• The World Business Council for Sustainable Development (WBCSD)

• Organisation for Economic Co-operation and Development principles