Formal representation of Corporate Governance Principles and Codes

The Corporate Governance decision making process is very complex, involving heterogeneous actors like shareholders, stakeholders, board of directors, audit committee, and managers (individuals or groups). All these are subject to a set of principles and codes that lead to effective and efficient Corporate Governance (CG). Reports on the GC, based on application of these principles and codes are very difficult to analyze and interpret. In this paper we perform a syntactic and semantic analysis of the principles and codes of Corporate Governance. We build a model of formal representation of the CG domain knowledge by syntactic and semantic analysis of CG principles and codes. We also present the implementation of the model in the decision support systems for CG effectiveness assessment based on artificial reasoning. (C) 2013 The Authors. Published by Elsevier Ltd. Selection and peer-review under responsibility of The 2nd International Conference on Integrated Information.