Unified Metrics Library - Corporate governance committee

Corporate governance is one key element in improving economic efficiency and growth as well as enhancing investor confidence. Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders.

Regulatory Definition

Corporate governance is traditionally defined as the system by which companies are directed and controlled and as a set of relationships between a company’s management, its board, its shareholders and its other stakeholders.

• GREEN PAPER The EU corporate governance framework / COM(2011) 164 final /
• OECD Principles of Corporate Governance , p.11
• Directive of the European Parliament and of the Council on Corporate Sustainability Due Diligence and amending Directive Directive (EU) 2019/1937

The board governance committee structure example includes executive and non-executive directors. An organization’s articles, bylaws, and constitution outline the board’s obligations. The committee ensures compliance with the outlined obligations.