what is meant by the term corporate governance?
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The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.\n\nEthical companies are said to have excellent corporate governance.\n\n[The preceding from www.dictionary.com]
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Oligarchy. - Governed by a small family or small group of people
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Contracts and laws are the means which the multinational companies use in dealing with government to protect their investments.  Thus, there is nothing to lose.
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CEO - Means Chief Executive Officer.\nHe controls all the Managers, officers, employers in the company. This is the Top position in the company.
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For -- Corporations are significant forces in today's social structure and if they are obligated to take into account constituencies other than their stockholders -- employees, the environmentn, their community -- society as a whole benefits.  \n\nAgainst -- corporations are entities designed to maximize shareholder profit and that is their function.  To create an alternative obligation is to make them less efficient and in the end make our entire system of capitalism less efficient.  In a related practical issue, it makes it harder for shareholders to hold management accountable since management now has additional excuses to defend their actions (for example, a management team that rejects a takeover bid at a significant premium to current market value because it claims an acquisition would hurt the employees and the community of the target).
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Board of Directors are a group of people who have something in common the incorporation of a company. You must first form a company with one or two person then you name a chairman, a managing director and a secretary. The sitting of these group of person to take some decisions pertaining to the functiiong of the companY normally called private limited company, is called a board meeting which automatically understand a Board of Directors. All this is written in a report called a Memorandum. hope this will be of help.
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it is a style of management where power and authority are kept with few key people in the organization, and not delegated to others down the hierarchical chain. its quite similar to autocratic style of management
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Depends a lot on what your corporation does and what you do, but ...\n\n1.  Work more efficiently or more productively - meaning do more work and/or better work in an hour or a day than the next person.\n\n2.  Learn more about the business or specific parts of the business in order to move up in the corporate structure.
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It refers to a Professional Corporation. See the link below for more info
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A corporation is a business firm whose articles of incorporation have been approved or chartered by a state.  An incorporation is consolidating two or more corporations into one entity.
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It is a state owned business. \nWhat that means is no private person/firm/company can own shares in that enterprise. It is 100% controlled by the state. When it gets privatized then it is a public business.
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1.      In accounting it is the concept of seprate entity. It means business is the separate entity and the owner is a seprate entity regardless how small or large is the business.\n2.      When that concept is clear then think that business firm is an artificial person as like you are or any common man.\n3.      As you have to pay and receive money regardless you have received or paid to your mother. In the same way the firm has to pay the amount that you have invested in it as an owner.\n\nSo, the amount the firm has to pay is a credit so owner's capital is also a credit that the firm has to pay to the owner.\nBut it is showed under owner's equity cap.
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There are both federal and local state rules governing boards of directors, and ethical rules that imposed through case law.\n\nGenerally, if a director is receiving a benefit from the corporation, that is a conflict of interest. The corporation may have claims for unjust enrichment, disgorgement of improper gains, and breach of fiduciary duty.\n\nThe way around this, again generally, is for a director to fully disclose any benefits and recuse themselves (abstain) from any vote that might benefit them personally. That's what I do for the board that I'm on.\n\nWhen in doubt, consult an attorney in your local area to find out what your obligations and liabilities are.
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It means being held responsible.  For the full definition and other uses, etc check out the link I attached.
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A corporate company is a name given to a company in the US that registers with the Business Bureau in which they become "incorperated".  They are there own entity, almost like a person when it comes to taxes and so on.  A multinational company can be a corporate company as well, however a multinational comapny does business in at least one other country.
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Stakeholder management like all forms of management have ethical responsibilities.\n\nIn Stakeholder management the diverse range of stakeholders should have a better respresentation of the effects of a decision than a pure top down management.
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Effective corporate governance requires a clear understanding of the respective roles of the board and of senior management and their relationships with others in the corporate structure. The relationships of the board and management with stockholders should be characterized by candor; their relationships with employees should be characterized by fairness; their relationships with the communities in which they operate should be characterized by good citizenship; and their relationships with government should be characterized by a commitment to compliance. Senior management, led by the Chief Executive Officer, is responsible for running the day-to-day operations of the corporation and properly informing the board of the status of such operations. Management's responsibilities include strategic planning, risk management, and financial reporting. The board of directors has the important role of overseeing management performance on behalf of stockholders. Its primary duties are to select and oversee a well qualified and ethical CEO who, with senior management, runs the corporation on a daily basis, and to monitor management's performance and adherence to corporate standards. Effective corporate directors are diligent monitors, but not managers, of business operations.\nStockholders necessarily have little voice in the day-to-day management of corporate operations, but have the right to elect representatives (directors) to look out for their interests, and to receive the information they need to make investment and voting decisions.\nEffective corporate governance requires a proactive, focused state of mind on the part of directors, the CEO and senior management, who all must be committed to business success through maintenance of the highest standards of responsibility and ethics. Good governance is far more than a "check-thebox" list of minimum board and management policies and duties. Even the most thoughtful and well-drafted policies and procedures are destined to fail if directors and management are not committed to enforcing them in practice. A good corporate governance structure is a working system for principled goalsetting, effective decision-making and appropriate monitoring of compliance and performance. Through such a vibrant and responsive structure, the CEO, the management team and the board of directors can interact effectively and respond quickly to changing circumstances, within a framework of solid corporate values, to provide enduring value to the stockholders who invest in the enterprise.\nPublicly owned corporations employ diverse approaches to board structure and operations, and no one structure is right for every corporation. Nevertheless, The Business Roundtable believes that the corporate governance "best practices" set forth in the following sections provide an effective approach for corporations to follow.