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Corporate Governance |
Also found in: Legal, Acronyms, Wikipedia, Hutchinson | 0.01 sec. |
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Corporate Governance The manner in which the stakeholders in a corporation relate to one another. Corporate governance has a positive connotation and a company with "good" corporate governance is said to be a company in which all stakeholders relate to each other in a positive way. Good corporate governance is considered an important quality of sustainable growth for a company; that is, if the shareholders, management, and employees all fulfill their fiduciary responsibilities to one another, the corporation is thought to have a greater likelihood of success. Corporate governance is laid out in the corporation's charter and other applicable documents. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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