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Corporate Governance > Best Practices

Jaap de Jonge, Editor, Netherlands
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 company’s 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 committees. Examples of internal corporate governance mechanisms:

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  Ashok Asthana, Consultant, India

Corporate Governance - The Role of the Customer

I feel customers play a very important role in inf (...)

  Hazem Yassin, Manager, Saudi Arabia

Keep Corporate Governance as Simple as Possible

Dear Jaap your article was very good, concentrated (...)

  D P BABU, Strategy Consultant, India

Internal and External Corporate Governance

The effectiveness in counterbalancing internal and (...)

  alim sale, Strategy Consultant, Kenya

Corporate Governance Mechanisms (Intern and Extern)

Thanks for the interesting analysis of all element (...)

  Greenhow, Consultant, Sweden

Are Sub-consulting Firms part of Internal Governance?

Your examples of external governance mechanisms se (...)

  Adam Mohammed Baba, Director, Ghana

Corporate Governance and Local Government Service

As an employee of local government (LG) service, y (...)

  Madan Gopal Agarwal, Business Consultant, India

Corporate Governance

Excellent articulation and perspective, Jaap. The (...)

  Douglas Ferguson, Consultant

Corporate Governance and Joint Ventures

How might this structure be applied in joint ventu (...)

  Adam Mohammed Baba, Director, Ghana

Corporate Governance and Local Government Service

@ : Thank you Jaap for the excellent comment on my (...)

  Greenhow, Consultant, Sweden

External Influences and CG Mechanisms

I'd appreciate clarification of some of the extern (...)

  AIDA ACUBA, Professor, Philippines

Transparency in Internal and External CG

@: I agree with your opinion... I believe there mu (...)

  Suleiman C. Muttani, Consultant, Tanzania

Corporate Governance is More of Internal Value Than for External Control

I would thank the Mr de Jonge for this interesting (...)

  Kumsha, Student (MBA), Sao Tome and Principe

Good Ethics in Internal and External Corporate Governance

@: I agree with you Madan, I also believe that eth (...)

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