: The formal systems and structures used to manage operations.
: The results and long-term sustainability of the business. The 4 Pillars : CORPORATE GOVERNANCE Corporate Governance
: Ensuring the board and executives act in stakeholders' best interests. : The formal systems and structures used to
: The leadership and stakeholders who make and are affected by decisions. Purpose : The guiding mission and objectives of the company. : The leadership and stakeholders who make and
: Ethical business practices and legal compliance. Climate Change and Corporate Governance - OECD
Modern governance is often broken down into easy-to-remember frameworks that move beyond simple legal compliance to strategic value creation. :
Corporate governance is the "operating system" of a company. It is the framework of rules, practices, and processes that dictate how a corporation is directed and controlled, balancing the often-competing interests of shareholders, management, customers, and the community. Core Frameworks: The "Ps" and Pillars