Within any corporate governance definition, there are various aspects that also warrant definition. This section takes key elements of corporate governance and provides a detailed exploration, often with case studies to explain theoretical concepts in a practical context. After all this site is called Applied Corporate Governance.
We also invite you to share your own views on and interpretation of these aspects, through submissions to this section, especially in the highly subjective area of Business Ethics. Our forums also offer the chance to discuss these aspects in a more interactive and dynamic way.
So, here is a list of key pages relating to the main elements of corporate governance, including a look at how other people have defined it and our own corporate governance definition, which was endorsed twenty-five years ago by none other than Sir Adrian Cadbury, the “father” of corporate governance.
An assessment of the conventional definition of corporate governance: “the system by which companies are directed and controlled” (Cadbury Committee, 1992); more specifically it is the framework by which the various stakeholder interests are balanced. Here we discuss world views and our own, wider definition endorsed by Sir Adrian Cadbury.
At ACG we have spent many years considering and debating how to define business ethics. Business ethics and therefore business morality generally result from an individual’s own moral standards. This key page is the starting point for our own definition and debate and includes some of your contributions.
If strategic management is not in your corporate governance definition, then it should be since good governance is essentially about good management. In answering the question “What is Strategic Management?”, Nigel explores the origins and development of the concept of strategic management and sets out the key elements to the process. This page has long been one of our biggest performers on the search engines.
Great leaders learn from others but define leadership in their own terms: here we provide leadership definitions and etymology to help understand the subject, but also the help and guidance you need to “own” leadership yourself. If you are as passionate about sound leadership as we are you may also be interested in our Leadership Zone.
As with business ethics, coming up with a simple accountability definition is not as simple as it sounds. What do we mean by accountability? Here we explore various aspects of accountability through a series of mini case studies and draw some conclusions which we use to create our own definition.
A cornerstone of good corporate governance, stewardship is a growing global concept, though focus is generally only on institutional investors. Here we define stewardship, discuss who stewards are, to whom they are responsible, their duties and the problems and solutions therein.
One of many sporting analogies in common English usage, whistleblowing has been regularly in the news over the last few years. In this article we ask the question “what does whistleblower mean?” and “who blows whistles?”, presenting our own whistleblowing definition and exploring what others have to say on the subject.
If you would like us to give the same treatment of other concepts you feel are relevant to a comprehensive corporate governance definition, please let us know.
We have many more short definitions of business and finance terms in our Glossary, available to our supporter members, who make possible the continued updating and improvement of the website, forums and support services, as well as our research efforts in corporate governance.