What is a corporate governance review?

A corporate governance review is a comprehensive evaluation of a company's governance structure, policies, and practices. It aims to ensure transparency, accountability, and regulatory compliance within the organization. By conducting a governance review, companies can identify areas that require improvement and strengthen their governance framework.

Corporate Governance

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It encompasses the relationships between various stakeholders, such as shareholders, management, employees, customers, and the community.

Governance Structure

The governance structure outlines the organization's hierarchy, roles, and responsibilities of the board of directors, management, and other key stakeholders. It defines how decisions are made and implemented within the company.

Governance Policies

Governance policies are a set of guidelines and procedures that govern how the company operates. These policies help ensure that the organization's actions are in line with its objectives and values.

Governance Practices

Governance practices refer to the actual day-to-day activities and processes that are employed to implement governance policies and achieve the company's goals.

Transparency, Accountability, Regulatory Compliance

Transparency ensures that information is easily accessible to stakeholders, while accountability holds individuals responsible for their actions. Regulatory compliance involves adhering to laws and regulations that govern the company's operations.

Organizational Improvement

A governance review can highlight areas for improvement within the organization, leading to enhanced efficiency, effectiveness, and overall performance.

Governance Framework

The governance framework is the overall structure that guides how the company is managed and controlled, including its processes, procedures, and relationships with stakeholders.