Management v/s governance body

Good morning! You'll find a definition of TCWG in this related post: https://opentuition.com/topic/those-charged-with-governance-4 They can be the same in a smaller, private company - e.g. an owner-managed company - where there is no need for strategic oversight. But public companies need to have (and need to be seen to have) oversight - in essence, that is what best practice in corporate governance is all about. For a public company, TCWG will mean the audit committee (assuming there is one).

Those Charged With Governance!