Business Governance Handbook Principles and Practices

Business and corporate governance is about aligning the interest of shareholders, directors and management in the best interest of the company and the business. Its objective is to achieve a balance of power between shareholders who wish to optimise their shareholder value, and directors who wish to optimise their rewards and incentives. Governance codes of conduct provide the framework and guidelines for a structured and self-regulatory approach to leadership practices and controls, and shareholder and stakeholder protection. Business Governance Handbook is an independent, definitive text which provides owners, shareholders, directors and management with a step-by-step guide to codes of conduct in any business u listed or unlisted. It focuses on the protection of the interest of shareholders by way of practical governance best practices i.e. guarding the guards. The bottom-line of governance is the optimisation of business earnings and cash flow, and the maximisation of shareholder value.