Corporate governance features, Financial Management

Corporate Governance features

Corporate compliance:

The BOD should make sure that corporation obeys with all related laws, governance practices, regulations, accounting and auditing standards.

Corporate Communication:

The BOD must ensure that corporation corresponds with all its stakeholders successfully.

Accountability to Members:

The BOD must serve lawfully all members and account to them fully.

Responsibility to stakeholders:

The BOD must recognize the firm’s internal and external stakeholders and concur on a policy (ies) determining how the firm must associate to and with them, rising wealth, jobs and sustainability of a financially sound corporation whereas ensuring that the rights of the stakeholders are appreciated, acknowledged and protected.

Posted Date: 12/8/2012 7:09:06 AM | Location : United States

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