Corporate Governance Consulting
Expert Guidance
What is Corporate Governance?
An internal system encompassing policies, processes and people, which serves the needs of shareholders and other stakeholders, by directing and controlling management activities, with good business savvy, objectivity, accountability and integrity. Sound corporate governance is reliant on external market place commitment and legislation, plus a healthy board culture which safeguards policies and processes.. by Gabrielle ODonovan
What Is the importance of Corporate Governance?
Some companies may view corporate governance as an avoidable and costly process. However, a correct corporate governance structure has many advantages. While corporate governance can benefit companies, its importance depends on how companies use it.
specifically, it can improve the performance of the business, help it become steadier and more productive, and unlock new opportunities. It can reduce risks and enable faster and safer growth. It can also improve reputation and promote trust.
Corporate Governance Models
There are many models of corporate governance in the world and there is no universal best choice. The choice of the best model for a company depends not only on its goals, motivations, mission and business context but also on their economic, legal, and social frameworks.
Corporate Governance Implementation
Our team helps clients develop, document and embed various policies, reporting structures and systems, processes and practices that constitute elements of a solid corporate governance and control structure. These include board and committee terms of reference, policies, methodologies and procedures related to various areas of risk, templates for board information, and codes of ethics and conduct. JMJ Management Consulting utilizes a software system that maps and keeps current authority delegation and decision making within organizations. We also support clients in developing their corporate committee functions by advising on best practices and protocols and by providing training.