Quotes & Sayings About Corporate Governance

Global market forces will sort out those companies that do not have sound corporate governance. — Mervyn King

A good government does dirty jobs. — Toba Beta

Corporate brand, culture, knowledge, and risk management are all boardroom concerns. — Pearl Zhu

The real mechanism for corporate governance is the active involvement of the owners. — Louis V. Gerstner Jr.

Generally speaking, the key dimensions of corporate governance are strategy oversight, policy making, accountability, and monitoring. — Pearl Zhu

The legislation, essentially bipartisan, drives new fiscal policies, tax changes, also rules of corporate governance, and deregulation. Alongside of this began the very sharp rise in the costs of elections, which drives the political parties even deeper than before into the pockets of the corporate sector. The parties dissolved, essentially, in many ways. It used to be that if a person in Congress hoped for a position such as a committee chair or some position of responsibility, he or she got it mainly through seniority and service. Within a couple of years, they started having to put money into the party coffers in order to get ahead, a topic studied mainly by Tom Ferguson. That just drove the whole system even deeper into the pockets of the corporate sector, increasingly the financial sector. — Noam Chomsky

What we want to do is call attention to the fact that when workers and business work together, when you create a stakeholder model of corporate governance, where you understand that you can do well by your workers, you can do well by your shareholders and you can do well by your customers, that's how we create a virtuous cycle. — Thomas Perez

The European Parliament responded by focusing on corporate governance. If corporations wanted to be legal citizens they could damned well shoulder the responsibilities of good citizenship as well as the benefits. Social as well as financial audits were the order of the day. Directives outlining standards for corporate citizenship were drafted and a lucrative niche for a new generation of management consultants emerged - those who could look at an organization and sound a warning if its structure rewarded pathological behaviour. — Charles Stross

It's the willingness on the part of people who seek personal enrichment to destroy other human beings ... And because the mechanisms of governance can no longer control them, there is nothing now within the formal mechanisms of power to stop them from creating essentially a corporate oligarchic state. — Chris Hedges

A harmonic, forward-looking approach to practice governance discipline has to be put at the heart of corporate board in the digital age. — Pearl Zhu

The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented. — Daniele Nouy

Innovation and corporate governance are extremely important to improve the profitability of Japanese companies and encourage them to increase wages, capital spending, and dividends. — Shinzo Abe

Most of the big banks were shot through with short-termism, deceptive practices and self-dealing. We must institute basic changes in corporate governance and in management practice to restore responsibility and honesty for the sake of the economy and for the self-respect of the country. — Edmund Phelps

Corporate governance is a huge issue too. We don't have women on these corporate boards. More than half of the students in law school are women, more than half of the women, I think, in medical school now are women. — Claire McCaskill

Good corporate governance, it's about being proper and prosper. — Toba Beta

Corporate governance should be done more through principles than rules. — Adi Godrej

Conservatives or better, pro- corporate apologists hijacked the vocabulary of Jeffersonian liberalism and turned words like " progress ," " opportunity ," and " individualism " into tools for making the plunder of America sound like divine right ... This "degenerate and unlovely age," as one historian calls it, exists in the mind of Karl Rove the reputed brain of George W. Bush as the seminal age of inspiration for politics and governance of America today. — Bill Moyers

People should be encouraged by things like awards given for corporate governance practices. — Adi Godrej

Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society. — Adrian Cadbury