Corporate Governance

Definition of corporate governance:-The Manner in which a Corporation is run for, Achieving its Objectives, Transparency of its Operations, Accountability & Reporting and for Good Corporate Citizenship.

 Corporate Governance is required for the:

The governance issues which are crucial to achieve these objectives are:

  • Distinguishing the roles of board and management
  • Separation of the roles of the CEO and chairperson.
  • Should the board have committee
  • Director’s and executive’s remuneration.
  • Protection of shareholder right and their expectations

The benefits of Corporate Governance are

  • Creation and enhancement of a corporation’s competitive advantage
  • Enabling a corporation performs efficiently by preventing fraud and mal practices.
  • Providing protection to shareholders’ interest
  • Enhancing the valuation of an enterprise
  • Ensure compliance of laws and regulations.