Boards, directors & committees · Core

Corporate governance

Also called: company governance

ELI5

The structures and relationships through which a company is directed, controlled and held accountable.

Used in conversation

“The number is useful only if everyone calculates corporate governance the same way.”

Pitch context

You will see “Corporate governance” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.