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Monday, May 5, 2014

Key Issues of Companies Related to Corporate Governance .


Experts on the subject have identified the following as the key issues of Corporate Governance:
a. Financial reporting. This includes accuracy and reliability of accounting records and financial statements prepared on the basis of such records, as well as auditing.
b. Directors’ remuneration. This includes remuneration of both executive and non-executive directors.
c. Risk management. This includes deciding on what risks should be taken (or avoided) by the company and how to manage those risks that must be taken.
d. Effective communication between the board and shareholders as well as other stakeholders.
e. Corporate social responsibility.

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