Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed.
Governance structures identify the distribution of rights and responsibilities among different participants in a corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders) and includes the rules and procedures for making decisions in corporate affairs. Corporate governance includes the processes through which a corporation's objectives are set and pursued.
The Irish Funds Industry Association has been proactive in promoting high standards of corporate governance and in 2014 introduced a Corporate Governance Code for Fund Service Providers, which followed on from its Corporate Governance Code for the Collective Investment Schemes and Management Companies which was published in December 2011.
In the publications, news and other content on this page you can keep up to date with relevant Corporate Governance related developments and the work of the Association in this area.