Related Links. COURTHOUSE CLOSED! As of August 12, 2016, the Sunnyvale Courthouse is closed. Staff and services have moved to the Family Justice Center Courthouse at 201 N. First Street, San Jose, CA 95113. Click to visit the new Family Justice Center Courthouse page for more information.
Governance is the way the rules, norms and actions are structured, sustained, regulated and held accountable. The degree of formality depends on the internal rules of a given organization and, externally, with its business partners.
Definition of corporate governance. Economists have long noted that publicly traded companies suffer from an incentive problem. The people who run the company (management) are not the same as the people who own the company (shareholders) or who otherwise have a stake in its success (stakeholders).ther constituents such as creditors, customers, suppliers, labour unions, the media, and regulators also play a role in corporate governance by making sure that management behaves appropriately. Example. It is easier to point out examples of âbadâ governance than âgoodâ governance.