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Codes of Good Governance

  • Living reference work entry
  • First Online:
Encyclopedia of Sustainable Management

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Synonyms

Best practices recommendations; Code of Best Practices for Corporate Governance; Guidelines for good corporate governance; Principles of good corporate governance

Definition

Codes of good governance are sets of recommendations and principles about the appropriate structure of the governing bodies of organizations and the proper behavior of the members of those governing bodies (Aguilera and Cuervo-Cazurra 2004; Cuomo et al. 2016). Their purpose is to recover the confidence of shareholders and investors in the transparency and efficiency of financial markets and in the governance systems of companies (Aguilera et al. 2016; Berglöf and Claessens 2006; Hermes et al. 2006).

Introduction

Over the past decades, the concern to find optimal models of corporate governance has resulted in the publication, both at a national level individually by each country and at an international level through various international bodies, of several codes of good governance.

Although codes of good...

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Author information

Authors and Affiliations

  1. Department of Business Administration, University of Cantabria, Santander, Spain

    Rebeca García-Ramos & Belén Díaz Díaz

Authors
  1. Rebeca García-Ramos
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  2. Belén Díaz Díaz
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Corresponding author

Correspondence to Rebeca García-Ramos .

Editor information

Editors and Affiliations

  1. London Metropolitan University, Guildhall Faculty of Business and Law London Metropolitan University, London, UK

    Samuel Idowu

  2. Cologne Business School, Ingolstadt, Germany

    René Schmidpeter

  3. College of Business, Loyola University New Orleans, New Orleans, LA, USA

    Nicholas Capaldi

  4. International Training Centre of the IL, International Labor Organization, Turin, Italy

    Liangrong Zu

  5. Department of Economics, Society and Politics, University of Urbino Carlo Bo, Urbino, Italy

    Mara Del Baldo

  6. Instituto Politécnico da Guarda, Guarda, Portugal

    Rute Abreu

Section Editor information

  1. No affiliation provided

    Dirk Reiser

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García-Ramos, R., Díaz Díaz, B. (2020). Codes of Good Governance. In: Idowu, S., Schmidpeter, R., Capaldi, N., Zu, L., Del Baldo, M., Abreu, R. (eds) Encyclopedia of Sustainable Management. Springer, Cham. https://doi.org/10.1007/978-3-030-02006-4_488-1

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  • DOI: https://doi.org/10.1007/978-3-030-02006-4_488-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-02006-4

  • Online ISBN: 978-3-030-02006-4

  • eBook Packages: Springer Reference Business and ManagementReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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