A practical perspective
Corporate Governance is not just an ethical responsibility for the board, but a strongly commercial one as well. Creating and sustaining effective corporate governance will generate a range of business benefits that combine to create higher trust, stronger resilience and enhanced competitive edge.
The bedrock of any successful business
In an era when trust in business is at a premium, and scrutiny from stakeholders is ever wider and more intense, it has never been more important for organisations to behave in accordance with their core purpose and principles in order to protect reputation and trust.
Our latest thinking is that good corporate governance can be summarised under three main themes:
Over the past three years, PwC has run a succession of seminars for non-executive directors focused on governance and risk. This paper summarises some of the themes covered, and encourages boards to ensure that their governance, especially when looked at through the lens of reputation and resilience, has adapted – and continues to adapt – to the high-pressure environment in which they operate.