To be a public listed company, good Corporate Governance System is essential for Stock Exchange Requirement and also Private Companies which require Good Management System want Corporate Governance.
Even if the company is not public listed company, the Corporate Governance System is important as the Board of Directors is the governing body appointed by the shareholders to look after the shareholder’s interests.
Corporate Governance System
Good Corporate Governance prevents loss of shareholder’s wealth and also controls the Board of Directors (BOD) with the following control systems:
- Separation of Chief Executive Officer (CEO) and Chairman to prevent power of influence.
- Involvement of Executive Directors and Non-Executive Directors in the Board.
- Setting up of committees such as Audit Committee, Remuneration Committee, Nomination Committee, Risk Management and Corporate Social Responsibility Committee.
The organisations that Excellent Choice Professional Company Limited provided Corporate Governance Service are mentioned in client lists as separate pages.