The Governance vocabulary
We thought you should be curious to visit a list of most used word in the governance field. Note the mix of accounting and legal terms, but also some specifics to boards like Code of Conduct, Conflict of interest, meeting procedures or board evaluation.
We will update this vocabulary on a regular basis, kindly send your comment and addition to complete it.
Ad hoc committee
Task Force
Advisory trustees
Agenda
Annual Report
Audit
Audit committee
Auditor
Financial statements
External auditor
Internal auditor
Internal audits
Qualified opinion
“True and fair view”
Reporting procedures
Unqualified opinion
Body corporate status
Charitable
Company
Cooperative
Non profit
Chair
Chair
Chairperson
Chairman
Charter
Breach of contract
Civil Action
Damages for breaches
Proceedings
Recovery of debt
Code of Conduct
Conflict of interest
Ethical
Legal duties
Obligations
Good faith
Compliance
Liability
Governing entity
Constituency
Election
Representative
Constitution
Meeting procedures
Annual reporting
Terms of appointment
General meetings
Voting
Evaluation
Board evaluation
Feedback
Succession
Chair
Individual members
Expenses
Advances
Allowances
Direct expenses
Reimbursement
Management
Chief Executive
Chief Executive (CE)
Chief Executive Officer (CEO)
Director-General
Managing-Director (M-D)
Principal
Secretary
Vice Chancellor
Standing committee
Succession planning
Continuity
Appropriate skills
Vote
Casting vote
Deliberative vote
Quorum
Resolution
Simple majority
Tied vote
To read more, follow the glossary of Stanford website :
Corporate Governance Research Program
