Corporate Governance

Building a Communication Channel Around Governance to Integrate Into Other Functions

Every system of governance is based in corporate and community cultural values. Effective communication ensures those values permeate all functions to mitigate risk and increase compliance.
— By Peter Scott

It is unfortunate that those responsible for corporate governance are frequently viewed as elitists who are primarily interested in making sure legal and governmental compliance is met, while remaining out-of-touch with what the people in the ranks are dealing with or how the communities in which they operate assess performance.

That view is increasingly out of date with the expanded integration of governance into other business functions like strategy development, audit, risk management, ethical culture formation, workforce diversity, legal and social responsibility strategies. In fact, corporate governance has assumed a more critical role in these types of functions as businesses move into global markets, leading to greatly increased ...

Please Login for full article.