Category: Opinion

Importance of Corporate Governance in Modern Business and Its Pivotal Role

The importance of good corporate governance practices are vital in an era of transparency, accountability, and company sustainability. Harvard Law School Forum on Corporate Governance mentioned that 64% of investors believe weak governance practices are the most crucial factor, alongside poor financial performance when making investment decisions.  Thus, boards should at least compare and track…

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Board Member Duties, Roles and Responsibilities You Need to Know

board member responsibilities

The board of directors is the mind and heart of every organization. The board’s streamlined corporate governance and forward thinking dictate success, while poor decision-making often results in a fiasco.  Each member of the board has the power to improve the way directors collaborate. To make these improvements effectively, it is vital for the director…

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A Quorum for Board Meetings: Basic Requirements and Challenges

quorum for board meeting

Based on our observations, directors and officers are facing extra pressure in 2022–2023. Due to pressing business challenges, legislators and stakeholders require greater transparency and better involvement in solving ongoing problems. Achieving and maintaining a quorum required for a board meeting in such an environment is more than just a requisite. It facilitates faster and…

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Improving Stakeholder Reporting: 7 Practical Tips to Follow

stakeholders reporting

Productive stakeholder engagement is vital for companies’ growth. Not only does it help to use stakeholders’ vision to set relevant goals in a corporate strategy, but it also keeps stakeholders motivated and actively involved in the company’s operations.  Stakeholders reporting is one of the ways to improve stakeholder involvement. This article discusses the main benefits…

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