Corporate Governance is a system of rules, practices and processes by which a company is directed and controlled. It involves balancing the interests of a company’s many stakeholders, such as:
- And the community
Corporate Governance provides the framework for attaining a company’s objectives and encompasses practically every sphere of management, from action plans and internal controls to performance measurement and corporate disclosure.
A finance professional will ensure your company’s governance is a key component of community and investor relations. They will have sight of information detailing general performance as well as ethical performance. So, your Finance Controller or Director should, at all times, help to drive a culture of responsible business, ensuring that while corporate governance codes and company law is followed, operating standards based around trust and integrity are also maintained.