Professional Documents
Culture Documents
3
Benefits of Corporate Governance?
5
Cadbury
• https://www.youtube.com/watch?v=ZfC7ykLK
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6
Cadbury Report 1992
8
Corporate Governance Parties
9
Four Principals of Corporate Governance
1. Accountability.
2. Fairness.
3. Transparency.
4. Independence.
10
1. Accountability
11
2. Fairness
12
3. Transparency
13
4. Independence
14
Elements of Corporate Governance
2. Control Environment.
3. Transparent Disclosure.
5. Board Commitment.
15
1. Good Board Practices
16
2. Control Internal Environment
17
3. Transparent Disclosure
18
4. Well-Defined Shareholder Rights
19
5. Board Commitment
• The Board has created a corporate governance
committee.
• The company has a corporate governance
champion.
• Appropriate resources are committed to corporate
governance initiatives.
• Policies and procedures have been formalized and
distributed to relevant staff.
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