Corporate Governance and Compliance
Jaap de Jonge, Management Consultant, Netherlands
Compliance is a concept to indicate that a corporation is operating in accordance with current applicable laws and regulations. Compliance should primarily be seen as a part of external corporate governance
, because it is one of the influences from outside the firm on the governance of the firm
But observe that all internal CG mechanisms also have to be compliant with applicable laws and regulations.
Is this what you meant?