Library / Corporate Governance Principles Framework
Jump to passage
In this reading

Link to current text

Published source confirmed at last check

Source changed 2026-10-03 10:39:28 UTC · snapshot created 2026-10-03 10:40:04 UTC · last check 2026-10-03 10:45:12 UTC

CGOV.13:4.4 - Select and perform the governing response

Choose the response that addresses the finding under the current powers. Possible responses include accepting continued performance within the stated uncertainty, requiring a correction and later account, limiting commitments under an existing rule, revising a decision, or asking the competent organ to change an arrangement.

Keep an operational repair with those who can perform it under existing authority. Changing a queue, allocating available capacity or fixing a report need not change positions, delegation or corporate instruments. Conversely, asking a manager to act beyond their power does not repair the arrangement.

Make any required corporate decision using CGOV.11. Where the needed change concerns the governing instruments or powers themselves, use CGOV.14. State an unresolved request as a request until the competent participants have acted.

Tie further inquiry to the response it can change. A sufficient known defect can justify correction without a complete study of all its causes. Retain a material uncertainty when proceeding with it is permitted and preferable to further inquiry.