Governance
“Corporate governance is “the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations”. It encompasses the mechanisms by which companies, and those in control, are held to account. Corporate governance influences how the objectives of the company are set and achieved, how risk is monitored and assessed, and how
performance is optimised.” (ASX Governance Guidelines).
The Global Financial Crisis and attendant spate of corporate collapses in Australia and internationally has resulted in an unprecedented focus on Corporate Governance and the role that Directors play in overseeing the affairs of corporations. It is fair to say that there has never been more attention paid to risk management and compliance, whilst there is also growing awareness of the need for a sound corporate culture. We find that Directors are taking a keen interest in these issues as they seek to find the balance between informed risk taking and prudent corporate practices.
Following are details of our key services:
- Governance Risk & Compliance Program – Click here to find out more…
- Corporate Governance Overview – Click here to find out more…
- Board Performance & Conformance – Click here to find out more…
- Enterprise Risk Management – Click here to find out more…
- Legal & Regulatory Compliance – Click here to find out more…
- Business Ethics – Click here to find out more…
To find out more about our Governance Advisory Services please call Greg Goodman on 0411 825 458.
Facing the challenge
“Today, risks don’t fit into easy categories or emerge from pre-determined place. They assault from all sides. It may surprise you to know that at least half of all corporate crises are caused by senior management action rather than external forces. I firmly believe that the most successful, least crisis-prone businesses will be those whose boards have shown firm resolve and taken decisive action. Effective, integrated strategies for dealing with tomorrow’s risks require a change in culture at board level now.”
(Lord Peter Levene, Chairman of insurance giant Lloyds speaking at the World Affairs Council).