Corporate Governance and Business Transparency

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The biggest casualties of the global financial crisis have been trust and confidence. Both private companies and public institutions now attract much greater scrutiny. They’re expected to explain their business practices, disclose key relationships, justify their remuneration models, discuss their succession plans and make a wider contribution to society.

It’s not just investors they have to satisfy. They also have to answer to regulators and the general public. And, as many organisations move into new markets, they’re engaging with a more diverse mix of stakeholders, each wanting different kinds of information.

The digital technologies are simultaneously transforming the way we communicate. People can see — and say — more about the organisations that serve them than ever before. New risks, including new forms of risk, are also emerging, and the regulatory burden is increasing. So the pressure to be transparent, accountable and socially responsible is greater than at any time in history.

These factors are all accelerating evolution in the corporate governance.

How we can help

  • Conducting diagnostics of corporate governance in terms of compliance with applicable laws and best practices, as well as the efficiency of group management and asset ownership, and developing key recommendations for improving corporate governance and group ownership structures.
  • Development of corporate governance framework and matrix of segregation of duties between the governing bodies of a group of companies.
  • Development of internal documents (codes, policies, regulations, methodologies, etc.) for different aspects of corporate governance (including the way of working of governing bodies, dividend policy, information disclosure, etc.).
  • Conducting diagnostics of a company’s corporate governance system and developing key recommendations for improving it, particularly as part of IPO preparations.
  • Evaluation of board of directors effectiveness, development of methodology for board of directors self-assessment.