IIA-Australia Factsheet - Corporate Governance

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Author	IIA-Australia
Date	2023
Topics Explored	Governance
Format	Factsheet
Extract/Description	The governing body of an organisation is ultimately responsible for an organisation’s governance. In a company, this will be the board of directors. In the public sector where there is not a board of directors, governance arrangements are implemented by the head of the organisation. The processes and structures implemented by the governing body is called corporate governance.
Key Points	This paper introduces a model that applies a holistic approach to corporate governance. Rather than a one-dimensional approach that relies almost entirely on the board and its sub-committees as the primary governance components, this model has an inter-connected approach so that nothing is missed.
Relevant Industries	All
Level of Assumed Knowledge	Intermediate