Robert Nii Arday Clegg defines corporate governance vs company law

Robert Nii Arday Clegg distinguishes between the technicalities of company law and the broader discipline of corporate governance. Drawing from his legal education in Ghana and specialized studies at Harvard Law School and Harvard Business School, he notes that while the two fields are related, they serve different functions.

Company law is described as a matter of black letter law, focusing on how companies are formed and dissolved, legal requirements for continuous existence, minimum required positions such as directors and auditors, decision-making processes via resolutions, and the rights to sue for wrongs committed against a company.

In contrast, corporate governance addresses the strategies, tactics, systems, ethics, and involuntary norms of an organization, including the skills required for effective oversight.