Читать книгу Successful Compliance - Barbara Neiger - Страница 18

In the broader sense, corporate governance is understood as the totality of all circumstances that ensure proper business management that is aligned towards sustainable, long-term value creation in the interests of all stakeholders.[40] The following describes three institutions that are regarded as instruments for an efficient and effective governance structure: internal control system (ICS), risk management system (RMS) and compliance management system (CMS).