Corporate Governance
What is Corporate Governance?
The system of rules, practices, and processes by which an organisation is directed and controlled. Corporate governance balances the interests of stakeholders including shareholders, management, customers, suppliers, government, and the community.
Terms that appear alongside corporate governance
Each of these is named in at least one of the same controls as corporate governance. The number is how many controls name both.
- governance 23 shared controls
- audit 8 shared controls
- compliance 7 shared controls
- governance framework 7 shared controls
- policy 6 shared controls
- audit committee 5 shared controls
- due diligence 5 shared controls
- accountability 5 shared controls
Frameworks that govern corporate governance
What the standards actually require on corporate governance
Requirements naming corporate governance across 6 standards, quoted from the control text.
Sets the minimum corporate governance standards: the responsibilities of the board (setting and overseeing objectives and strategies, risk governance, appointment and oversight of senior management, corporate values and standards, remuneration, a suitable and...
hkma-spm::CG-1 · CG-1 Corporate Governance of Locally Incorporated Authorized Institutions →Ensure the basis for an effective corporate governance framework per OECD/G20 Principles Chapter I. The corporate governance framework should (a) promote transparent and fair markets + the efficient allocation of resources + (b) be consistent with the rule of...
OECDCG-1 · Effective Corporate Governance Framework Legal + Regulatory Foundation →Include data management policies as part of corporate governance to ensure a clear mandate and accountability, and reflect the subsequent foundational components as content within the policies and procedures.
ADMF-2.4 · Embed data management in corporate governance and policy →The registered provider must integrate clinical governance into corporate governance to actively manage and improve the safety and quality of clinical care services.
ACQS25-5.2 · 15-30(2) Clinical governance integrated into corporate governance →The bank has robust corporate governance policies and processes proportionate to its risk profile and systemic importance, covering culture and values, strategic direction and oversight, group and organisational structure, the control environment, suitability...
basel-core-principles-for-effective-banking-supervision-2024::P14 · Principle 14: corporate governance →The insurer must be able to demonstrate to the supervisor that its corporate governance framework is adequate and effective.
iais-insurance-core-principles-icps::7.11 · 7.11 The insurer demonstrates the adequacy and effectiveness of its governance framework →Questions people ask about corporate governance
What is Corporate Governance?
Why is Corporate Governance important for compliance?
Which compliance frameworks address Corporate Governance?
Where can I learn more about Corporate Governance?
See how Corporate Governance applies across compliance frameworks
Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.