ISO 37000 is the first international benchmark for good governance, applicable to organizations of all types and sizes. This standard provides guidance on the governance of organizations by defining the governance conditions, principles, and recommending key aspects of practice. Serving as a guidance standard, ISO 37000 supports organizations in making responsible decisions, fostering trust with stakeholders, and achieving long-term success by aligning governance practices with global best practices
Corporate governance is a system of rules, practices, and processes that directs and controls a company. Corporate governance emphasizes transparency, accountability, and fairness to serve the interests of all stakeholders.
Effective corporate governance promotes transparency, accountability, and fairness, which are vital for maintaining trust with investors and protecting the company’s reputation. It helps to mitigate risks and avoid corporate scandals or legal issues, ensuring the long-term sustainability and success of the organization.