Corporate Governance Overview

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What are the key elements emphasized in Corporate Governance?

Accountability, transparency, integrity, risk management

What drove the evolution of Corporate Governance?

Stakeholder dissatisfaction with organisations

What role do shareholders play in Corporate Governance?

Monitor the company's management and performance

What is the main function of the National Standards Authority Ireland (NSAI)?

Setting and applying standards

How does Corporate Governance impact an organization's competitive advantage?

By providing confidence and sustainability

Who is the National Standards Authority Ireland (NSAI) accountable to?

The Minister for Business, Employment, and Retail

What is the purpose of the SWiFT 3000 Certification?

To award certification to companies meeting corporate governance standards

Who carries out the evidence-based evaluation of an organization’s corporate governance practices for SWiFT 3000 Certification?

Independent assessors meeting qualification and experience criteria

What do companies receive if they meet the specifications of the SWiFT 3000 Code of Practice?

SWiFT 3000 Certification

What values does the Organisation for Economic Co-operation and Development (OECD) aim to preserve?

Individual liberty, democracy, and human rights

What is one of the shared endeavors of the OECD?

Ending poverty and tackling inequalities

What is the OECD's goal as a 'global pathfinder' according to the text?

To develop evidence-based analysis for innovative policies and standards

Explore the fundamental principles of corporate governance, including accountability, transparency, integrity, and risk management. Understand how corporate governance has evolved and its importance in shaping an organization's structure and objectives.

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