Wednesday, February 27, 2008

Good corporate governance in Capital Market: Roles and responsibilities of board, management


Corporate Governance is the system by which the Capital Market Institutions (entities) are directed, controlled and held to account.

It also refers to the process of directing and managing business affairs of a Capital Markets Institution for enhanced performance and corporate accountability so as to maximise shareholders long- term value and the interest of all stakeholders.

If management means running a Capital Market Institution (entity), then corporate governance means running the Capital Market Institution better.

See full Article.