ABSTRACT
Leadership in corporate governance needs to come from the board of directors of a company to have both legitimacy and impact. As leader of the board the chairperson has a key role in ensuring that this leadership is forthcoming and sustained. The board's leadership will need to be manifest in establishing and maintaining the system needed to effect corporate governance. The challenges of corporate governance are to identify and monitor informal relationships and patterns of influence which may affect a company's operations. This chapter addresses the interplay of values and behaviours and its impact on delivering effective corporate governance. Structure supports a company's operations and processes and needs sufficient strength to do so. Organisations work through the allocation of power. Many companies use corporate governance as a vehicle for public relations and issue special reports on their commitment to social and environmental responsibility.
