ICGN Global Governance Principles
The ICGN Global Governance Principles set out an international investor perspective on effective corporate governance. Their ten areas cover board responsibilities, leadership, composition, culture, remuneration, risk, reporting, audit and shareholder participation. They help investors assess governance across markets while recognising differences in legal systems and board structures. They are a benchmark for analysis and engagement rather than a single law binding every company.
Worked example
An investor questions a board whose dominant chief executive also controls director appointments. The principles provide a basis for discussing independent leadership, appointment processes and accountability, rather than assuming one national board structure is mandatory everywhere.
Common mistake
Treating the principles as legislation, or judging governance solely by whether a company has a committee with the right name. Examine its authority, independence and actual work.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Direct | September 2026–June 2027 |