Internal and External Corporate Governance

Corporate Governance > Best Practices Premium

Internal and External Corporate Governance
Jaap de Jonge, Editor
Corporate Governance (CG) can be viewed as the system by which companies are directed and controlled. Also companies can be held accountable by CG, limiting managerial discretion in order to protect the interests of outsiders in the corporation.
These 'outsiders' can be shareholders, stakeholders, other interested parties or even society as a whole.
Any CG 'system' consist of a large number of mechanisms. We can broadly categorize CG mechanisms into two groups:

1. Internal Corporate Governance
Internal corporate governance encompasses the controlling mechanisms between various actors inside the firm: the companys management, its board and the shareholders.
In this form, the shareholders and other constituents 'delegate' the controlling function to internal entities or mechanisms, such as the Supervisory Board (in case of two-tier board) or the Board of Directors (one-tier) and/or special...Register

Corporate Governance - The Role of the Customer
Ashok Asthana, Member
I feel customers play a very important role...

Keep Corporate Governance as Simple as Possible
Hazem Yassin, Member
Dear Jaap your article was very good, concentrated...

Internal and External Corporate Governance
D P BABU, Member
The effectiveness in counterbalancing internal and...

Corporate Governance Mechanisms (Intern and Extern)
alim sale, Member
Thanks for the interesting analysis of all element...

Are Sub-consulting Firms part of Internal Governance?
Greenhow, Member
Your examples of external governance mechanisms se...

Corporate Governance and Local Government Service
Adam Mohammed Baba, Member
As an employee of local government (LG) service, y...

Corporate Governance
Madan Gopal Agarwal, Member
Excellent articulation and perspective, Jaap. The ...

Corporate Governance and Joint Ventures
Douglas Ferguson, Member
How might this structure be applied in joint ventu...


External Influences and CG Mechanisms
Greenhow, Member
I'd appreciate clarification of some of the extern...


Corporate Governance is More of Internal Value Than for External Control
Suleiman C. Muttani, Member
I would thank the Mr de Jonge for this interesting...



  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader

You here

More on Corporate Governance

Best Practices
Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 23-9-2018. All names of their owners.