UpcomingCorporate Governance Conference
Dates & Times
- 15th June 2017
9:00 am - 1:00 pm
Public Affairs Ireland Conference on Corporate Governance
The new Code of Practice for the Governance of State Bodies
Thursday, 15 June 2017
Croke Park, Dublin 3
conference begins: 9am;
conference concludes: 1pm, followed by lunch.
The Minister for Public Expenditure and Reform Paschal Donohoe, TD, last year published a revised and updated Code of Practice for the Governance of State Bodies. It came into effect on 1 September 2016. This is the fourth version of the Code, coming 25 years after it was first introduced.
The Code promotes high standards of corporate governance in regulatory, commercial and non-commercial State bodies.
With enhanced public scrutiny, demand for accountability and transparency, the Code aims to ensure that both commercial and non-commercial State bodies meet the highest standards of corporate governance. It provides a framework for the application of best practice and is intended to take account of developments in respect of oversight, reporting requirements and the appointment of Board members. The Code is based on the underlying principles of good governance: accountability, transparency, probity and a focus on the sustainable success of the organisation over the longer term.
A balance has been struck in the updated Code between the need for strong accountability and the requirement to support the appropriate autonomy of the State body under the legal framework and the environment within which it operates.
- Values – Good governance supports a culture of behaviour with integrity and ethical values;
- Purpose – Each body should be clear about its mandate with clearly defined roles and responsibilities;
- Performance – Defined priorities and outcomes to achieve efficient use of resources resulting in the delivery of effective public services;
- Developing Capacity – Appropriate balance of skills and knowledge within the organisation, to be updated as required.
- Roles and relationships – the roles of Chair, members, CEO, relationships with parent Department, Minister, the Oireachtas
Who should attend
This conference will be invaluable to those working directly in State bodies or those in parent Departments involved in liaising with or managing relations with State bodies. This includes anyone working in or for commercial and non-commercial State bodies and regulatory bodies. It will also be of considerable interest to non-State bodies, such as NGOs and those in the voluntary healthcare sector.
This conference will be delivered in association with Mazars.