Forms Of Corporate Governance. Of its corporate governance responsibilities, including the functions that were formerly assigned to a nomination and remuneration co mmittee. The definition of corporate governance most widely used is “the system by which companies are directed and controlled” (cadbury committee, 1992).

Compliant the company’s corporate governance committee is tasked to ensure the board’s effectiveness and due observance of sound corporate governance principles and policies. Firm ownership is an increasingly influential form of corporate governance. The alternative forms of corporate governance themed issue.