Internal and External Corporate Governance

Corporate Governance
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Corporate Governance > Best Practices > Internal and External Corporate Governance

Internal and External Corporate Governance
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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Corporate Governance
Summary
Forum
How Corporate Governance Affects the Financial Performance of Companies
How to Evaluate and Measure the Effectiveness of Corporate Governance Systems?
🔥CEO Duality
Challenges in Corporate Governance in Africa
Corporate Governance in Family Businesses
Gender Diversity (Women) in the Board of Directors
Why Should a Firm have Procedures and Policies?
Best Practices
Internal and External Corporate Governance
🥈Agency Theory: Principal-Agent Problems
🥉Corporate Governance: One-tier versus Two-tier Boards
Dealing with non-profit Board of Directors
Europe Reaches Agreement on Banking Supervisor: Curse or Blessing?
Corporate Culture Vis-a-vis Societal Culture
HR Involvement in CG
Corporate Governance and Strategy
Governance in Public Sector Organisations
Why the Interest in Corporate Governance Today?
Corporate Governance Aims
Culture and Corporate Governance
A Global Corporate Governance Body is Needed
Corporate Governance Rules and Ethics
Governance versus Management
Maintaining Creativity and Flexibility Despite of Corporate Governance Mechanisms
Corporate Governance and Compliance


Corporate Governance
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