Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation is directed administered or controlled. It also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. In contemporary business corporations, the main external stakeholder groups are shareholders, debt holders, trade creditors suppliers, customers and communities affected by the corporations activities. Internal stakeholders are the board of directors, executives and other employees.

This book provides a cohesive framework for organisation wide implementation of the best practices used by today’s leading companies. It introduces executives, students and interested observers to the complex trends and developments in corporate management. It will be an authoritative source on best practices covering all functions of a business corporation, including governance and ethics.