Corporate governance

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Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed. Governance structures and principles identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders) and includes the rules and procedures for making decisions in corporate affairs.[1]

See also...

Governance

References

  1. European Commission (2015): Monitoring the Evolution and Benefits of Responsible Research and Innovation (MoRRI): Analytical Report on the Dimensions of Research and Innovation Governance. Sub-task 2.5, deliverable D2.4.2.