The term "corporate governance". Where does it come from? Bob Tricker of The Corporate Policy Group says in his book Corporate Governance: Principles, Policies, and Practices that "50 Years ago we knew remarkably little about the reality of board-level behaviour. Many ideas are now being discussed around the world – improving strategic decision-making, alternative board structures read more..
A framework for corporate governance Corporate governance is the framework of laws, regulations, internal policies and procedures controlling the way in which businesses operate. These are both external to the enterprise and internally formulated rules as defined by the shareholders and/or the board from time to time. It is increasingly also determined by other stakeholders read more..