Corporate governance

How it is used

Used in annual reports, stock exchange rules and board discussions, and listed companies publish corporate governance reports. In Turkey, the Capital Markets Board (SPK) sets the corporate governance principles for listed companies.

Example sentences

1. Investors pay close attention to corporate governance before they buy shares.

2. Good corporate governance means the board can question management's decisions.

Common collocations

• corporate governance code
• corporate governance principles
• strong corporate governance
• corporate governance report

Related terms

• board of directorsThe group of people elected by a company's shareholders to oversee its management, approve major decisions and appoint or replace the chief executive.
• shareholderA person or organisation that owns shares in a company, and therefore part of it, usually with the right to vote at general meetings and to receive dividends.
• transparencyThe practice of sharing information openly and honestly, so that employees, shareholders or the public can see how decisions are made and how the organisation is doing.
• complianceFollowing the laws, regulations, internal policies and standards that apply to an organisation; also the name of the department that checks this.
• non-executive directorA board member who is not part of the management team and does not work in the business day to day, but advises and monitors the executives.

More terms: Corporate Governance

• stakeholder
• conflict of interest
• code of conduct
• succession planning
• fiduciary duty
• ESG