Corporate Governance Rules (Canada)

Summary

Corporate governance generally refers to the framework of rules and practices by which companies are internally directed and operated. Corporate governance essentially provides transparency and accountability to the stakeholders of a company (including shareholders and investors) about the management and operation of a company to facilitate effective and prudent management of the company. Good corporate governance is highly valued by many larger investors to the extent they may not invest in a company if there are concerns about its governance practices. Corporate governance rules and policies in Canada are generally derived from the following sources.