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What is governance according to ISO 37000?

  • Accounting and editing, Management Control, Sustainable Development and CSR, Governance
201 views

ISO 37000 considers that governance is based on a defined purpose and relies on four core principles: value creation, strategy, oversight, and accountability. These fundamental principles are then supported by a range of complementary principles, including: stakeholder engagement, leadership, data, risk governance, social responsibility, as well as the viability and sustainability of performance.

If governance is effective, high-quality, and collective, it leads to three main outcomes: effective performance, ethical behavior, and responsible management.

Keywords
  • Accountability, governance, ISO 37000, oversight, performance, Risk, social responsibility, Stakeholder engagement, Strategy, value creation

Author(s)

PLAISANCE Guillaume

Senior Lecturer

IAE-Bordeaux

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Accounting and editing
Accounting and editing
Management Control
Sustainable Development and CSR
Governance
Governance
Management Control
Sustainable Development and CSR

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