Select Page

Good Governance

The systems and processes of management that govern an organisation’s behaviour and conduct. Governance covers accountability, auditing, transparency (openness), reporting and disclosure, responsibilities and representation of various stakeholders (including shareholders, the board of directors, advisory boards, employees, etc.) as well as charters, by-laws, and policies document the rights and responsibilities of all parties. Governance often includes strategy, risk management, and compensation, benefits, and evaluation of senior management. There is a growing inclusion of governance issues within international certification systems, such as the GRI.

%d bloggers like this: