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Governance
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Regulators, courts and investors frequently extol the virtues of 'good corporate governance' in organisations but often fail to define exactly what that means. It's often a case of "we'll know it when we see it" or, in the case of the regulators, courts and investors, "we know what it isn't when we see it".
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Governance
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When discussing the benefits of good corporate governance it is easy to point to examples like HIH, One.Tel, Westpoint and Opes Prime and say "See what happens when there is poor corporate governance". It is much more difficult however, to find examples that show the difference between good corporate governance and ordinary corporate governance.
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