CORPORATE GOVERNANCE AND TRADING TRUSTS
Monday, April 9th, 2012Corporate governance is the system by which businesses are directed and controlled. It involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders; it deals with prevention or mitigation of the conflicts of interest and is intended to increase the confidence of stakeholders. It addresses the accountability of the people in the business with the purpose of safeguarding its long-term success. Threats to good corporate governance are disharmony in the ranks, and egos getting in the way.