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Corporate governance

"Corporate governance refers to that blend of law, regulation and appropriate voluntary private-sector practices which enable the corporation to attract financial and human capital, perform efficiently and thereby perpetuate itself by generating long-term economic value for its shareholders, while respecting the interests of stakeholders and society as a whole."

- Ira M. Millstein, Senior Partner
Weil, Gotshal & Manges LLP
Report to Organization for Economic Co-operation and Development
April, 1998

 

 

RELATED RESOLUTIONS

Resolution 07-07 corporate governance/proxy voting
Resolution 03-01 securities litigation