answersLogoWhite

0

What is external governance?

User Avatar

Wiki User

2006-04-09 14:09:50

Best Answer

According to Whatis.com: Corporate governance is a term that refers broadly to the rules, processes, or laws by which businesses are operated, regulated, and controlled. The term can refer to internal factors defined by the officers, stockholders or constitution of a corporation, as well as to external forces (external governance) such as consumer groups, clients, and government regulations. A well-defined and enforced corporate governance provides a structure that, at least in theory, works for the benefit of everyone concerned by ensuring that the enterprise adheres to accepted ethical standards and best practices as well as to formal laws. To that end, organizations have been formed at the regional, national and global levels.

User Avatar

Wiki User

2006-04-09 14:09:50
This answer is:
User Avatar
Study guides

How do you get my remmittance in social security system

What is the best definition of a targeted resume

What happenes to teenagers who get insufficient sleep

What is the best definition of a special e-version resume

➡️
See all cards
4.11
126 Reviews

Add your answer:

Earn +20 pts
Q: What is external governance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is Indonesia so volatile?

Indonesia is very volatile because politics instability, big external debt, external influence toward Indonesia Governance, and many other.


What are the four major attributes of the Persian Empire?

Attempts to provide: internal and external security; good governance; prosperity; fair taxes.


What external governances are there in the Far East?

I'm not sure that I completely understand your question, but let's see if I can help. Corporate governance, as you know, is the way in which a company is managed or overseen, including policies, law, institutions and the key players (such as the board of directors, stock holders and so on). There are essentially two types of corporate governance, internal and external. They're basically control mechanisms. Internal governance is the process of managing, accomplishing goals and influencing decision making from within an oraganization, while external refers to the power that outside shareholders or influences have or can exercise over a company. External governances in the Far East would for the most part be the same as anywhere else, takeovers, regulations, competition, etc. There are many emerging markets in the Far East, which would influence corporate governance (new laws, government incentives, higher barriers to entry to ward off competition).


Ideals of rizal's governance?

governance


What does soa governance consist of?

The SOA Governance Framework consists of an SOA Governance Reference Model and a SOA Governance Vitality Method. These both make up an SOA Governance.


What best describes the Persian rules?

They tried to impose peace, promote internal and external security, and advance prosperity, while leaving the various citiy-states, petty principalities and tribes to continue their own cultures and governance.


What is meant by corporate governance?

what is meant by corporate governance?


When did the british colony ended in South Africa?

South Africa ceased being a colony in 1910 and became a Dominion (more internal and external self-governance than a colony).


What is the impact of corporate governance on company performance?

Good governance, good performance Poor governance, poor performance


Why is governance important?

Governance is important only if it's good governance. Good governance calls for transparency and accountability. If leaders display these things, the citizens are more likely to have confidence in them.


What is a synonym for governance and what is a synonym for corporate governance?

What is the synonym government.


Who are the actors in governance and how does good governance promote development?

govenment

People also asked