Code of Corporate Governance V18 – Approved 24 April 2025
Published:
The UK Corporate Governance Code (2018) defines Corporate governance as “The system by which organisation are directed and controlled”. It expands on that statement by adding that “Governance is about what the board does and how it sets the values of the organisation and is to be distinguished from executive director led day-to-day operational management” A good governance system helps individuals avoid the tension and conflict that can arise in an organisation where the boundaries between roles are not clear.
The Orkney NHS Board’s Ccorporate Governance function is essential for ensuring it operates ethically, transparently, and in the best interests of all its stakeholders