Governance Gone Global: The Principles Behind Good Governance Practices

Good corporate governance comes down to following six basic principles, and those corporations that follow these principles can expect to reap a number of benefits.

Document Highlights

Are good governance practices essential to a successful business? How does Canada measure up against other countries? Using the Governance Index, a measurement tool recently developed that measures the three main aspects of strong directorship practices, Canada’s boards are leading the world in governance practices.

Good corporate governance comes down to six basic principles:

1. Leadership and Stewardship
2. Empowerment
3. Communication
4. Service
5. Accomplishment
6. Continuous Learning and Growth