Corporate Governance Explained: An Interview With The Experts

Everyone agrees that sound corporate governance is essential to reducing corporate risk. But few people define "corporate governance" in precisely the same way, in part because the term encompasses so much. The OECD says its purpose is to "help build an environment of trust, transparency and accountability necessary for fostering long-term investment, financial stability and business integrity." That description likely won't help an organisation develop its own corporate governance framework, but the general message is clear: Get it right, and corporate governance becomes a very valuable asset for a business.

It's also clear that developing sound corporate governance practices has never been more important. Tax and other authorities all over the world are implementing and enforcing new regulations relating to transfer pricing, economic substance and more that promote transparency and corporate responsibility. In this complex and changing regulatory landscape,