Business discussion

Corporate Governance

Governance is about ensuring that businesses are run properly.  Governance refers to systems and processes concerned with ensuring the overall direction, effectiveness, supervision and accountability of an organisation.  Governance flows from the relationship between the company or organisation, its directors and its shareholders or stakeholders.  Good governance is essential for any organisation.

Corporate governance is about the way companies control actions and make decisions. Best practice in corporate governance is determined by legislation, regulation and voluntary codes. It is important to get it right.

Corporate GovernanceDirectors have a duty to put in place sound governance frameworks within the organisation to ensure that shareholders’ assets are protected and not misapplied.  Directors must arrange their board structure in a way that is transparent, promotes the success of the company and places the interests of the company and its shareholders above their own.  Directors have a duty to relate to and communicate with shareholders.

Our extensive practical experience of developing and maintaining a good governance ethos, with a framework to support and deliver that ethos on a day to day basis, makes us ideally placed to review or develop governance within any organisation.

Working with you we can:

  • review and understand current governance practices
  • determine the views of the board towards governance
  • facilitate debate about an appropriate approach to governance
  • provide a framework and processes to maintain good governance
  • review specific areas of governance – board performance evaluation
  • review communications and relationships with shareholders and stakeholders
  • provide director and senior management training on governance and responsibilities

Straight forward advice and practical implementation to provide the tools to deliver good governance that underpins all business decisions and satisfies stakeholders appropriately.