IOD Corporate Governanace - Institute of Directors

Over the past few years, corporate governance has come under increasingly intense scrutiny. It is not difficult to see why. When America's seventh largest company in terms of capitalisation suddenly collapses, amid a fraud scandal involving one of the world's leading auditors, the whole system by which western business operates begins to feel unsafe. After Enron came more scandals in the US and Europe, with even the UK - widely acknowledged as a leader in the governance field - far from immune.Governance means rigorous supervision of the management of a company; it means ensuring that business is done competently, with integrity and with due regard for the interests of all stakeholders. The pressures on boardrooms can only increase. This guide sets out the current governance scene, and provides key information on the core issues, including;

the regulatory framework

developing a strategy for good governance

building the board and measuring its performance

how to realise competitive advantage