The Guiding Principles of Corporate Governance are designed to help boards do better.
The dictionary defines principle as a fundamental truth that serves as the foundation for a larger system of belief or behavior — a sturdy, versatile thing that, when used correctly, can address a wide range of issues. So it's welcome news that The IIA and the Neel Corporate Governance Center at the University of Tennessee in Knoxville have developed a set of Guiding Principles of Corporate Governance. After all, corporations have a lot of issues that need addressing.