Directors beware as regulator seeks to stem misconduct

Isn't corporate governance just legal mumbo-jumbo?

"Corporate governance" can sound remote from reality - consultancy-speak that is designed to confuse and frustrate.

In fact, it is an important part of the financial markets, setting out how companies should be run, not just for the benefit of shareholders but also to keep them on track under various regulations.

International financial bodies, including the Group of 20, have homed in on the fact that how companies and institutions are run is crucial to a well-managed corporate environment.

via Business feed http://www.scmp.com/business/companies/article/1123205/directors-beware-regulator-seeks-stem-misconduct