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About Brian Thompson
Expertise
My expertise extends to general management, financial management, corporate govenance and everyday managerial problem solving

Experience
I have in excess of 30 years experience in the management of public and private organisations

Education/Credentials
B.Bus. FCPA, FCIS

 
   

You are here:  Experts > Business > Small Business: Canada > Managing a Business > Coporate Governace

Managing a Business - Coporate Governace


Expert: Brian Thompson - 10/24/2009

Question
I need help understanding what Transparency in Corporate Governance, and the relationship between the self-interests of management related to effective corporate governance.

Plus can you recommend what books, articles that I could refer back to as well.

Thank you

Answer
Hi Tracy

I think you should begin by understanding what corporate governance means. Corporate governance is related to the way the Board structures the systems of an organisation to ensure proper internal control culminating in timely and factual reporting. Transparency means that nothing is hidden or concealed and that all risks are identified and managed. The self interest of management is maintain their position and enhance their remumeration whilst corporate governance must ensure that approval is obtained for all transactions according to guidelines and authorities in place and there is proper balance with the interests of all stakeholders

As to references I feel you can find many references by searching the web

here are just a few using the words corporate governance as a search criteria
 
Scholarly articles for corporate governance
  A survey of corporate governance - Shleifer
Investor protection and corporate governance - La Porta
Corporate Governance and Equity Prices* - Gompers -
          
     www.ccg.uts.edu.au/corporate_governance.htm
  
     www.asx.com.au/about/corporate_governance/index.htm
  
     www.oecd.org/corporate
  
     www.australian-corporate-governance.com.au/
     
     www.treasury.gov.au/contentitem.asp?NavId=049
     
     books.google.com.au/books?isbn=1405116986...
  
     www.dsr.nsw.gov.au/sportsclubs/ryc_corporate_what.asp
     
     www.corpgov.net/ -

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