WHY DO YOU NEED CORPORATE GOVERNANCE?

Balance is the key! The bundle of regulations, methods, and procedures that guide and regulate a firm is called corporate governance. It essentially manages and guides companies to keep stakeholders happy, so that everything runs smoothly.

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THE FOUR P'S : Essence & Backbone of Corporate Governance.

The four P's of corporate governance are people, process, performance, and purpose to ensure transparency, which guarantees the organization's well-balanced economic development.

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CORE ACCOUNTABILITIES : Crucial & Effective Administration System.

The company's multiple stakeholders, senior management, customers, suppliers, the government, and the community, should all have their interests in balance.




 

REPORTING INTEGRITY : Prospect's Interest and Conflict Resolution.

Provides a framework of principles, laws, standards, tasks, and obligations that stakeholders can utilize to negotiate innate conflicts of interest.

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STRUCTURED MANAGEMENT : Aim for Long-Term Value Creation.

Manage how different players interact to affect an organization's performance and direction. This group of players typically consists of a shareholder and a board of directors.





 

REGULAR BOARD REVIEWING : Build Solid Foundations for Oversight.

The board of directors' structure and efficiency reveals a lot about its obligations to a stockholder. Reputation suffers if the criteria jeopardize its neutrality and independence.




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RISK MANAGEMENT : Provide Timely and Balanced Information.

Risk management has been prioritized in the development of corporate governance practices. When risks are managed effectively, corporations avoid loss & failures.



 

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