1、 https:/crsreports.congress.gov Updated February 3, 2020Introduction to Financial Services: Corporate GovernanceIntroduction Broadly speaking, corporate governance is the system through which a public companys objectives and the means for obtaining them are established and monitored by the companys
2、board of directors and management. Structurally, the system comprises a web of relationships among a firms management, board of directors, employees, shareholders, and other stakeholders. Two key focal points of corporate governance are the corporate board and the annual meeting of the firms shareho
3、lders. The corporate board consists of a group of individuals elected to be the companys fiduciaries acting on behalf of its shareholders. Along with company executivessuch as the chief executive officerwho run the company on a daily basis, the board helps set the tone for the corporation and broad
4、corporate objectives. The corporate annual meeting is a yearly gathering where a firms previous years performance and future prospects are discussed. At the meeting, a companys shareholders typically vote to appoint board members and adopt, or reject, various shareholder- and management-sponsored bu
