Midterms Flashcards
(9 cards)
The father or corporate governance
Bob Tricker
Is the way in which a corporation is controlled or governed
Corporate governance
Importance of Corporate governance
- Enhances investors confidence
- Prevents corporate scandals and Frauds
- Improves company performance
- Ensures legal and regulatory compliance
Considered as the weakest attributes of corporate y
Family-ownership structure or family governance
Majority of ownership is held by a small number of major stockholders and the conflict arises between shareholders and managers
Low concentration
Majority of ownership is held by several majority and minority shareholders and the conflict arises between majority and minority shareholders
High concentration
Define as how an organization is operated by its human and material resources to achieve organizational success.
Focuses on day-to-day operations.
Management
Key Players of Corporate governance
- CEO
- Chairman of the board
- Board of directors
- Shareholders
- Stakeholders