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Corporate Governance

Corporate governance refers to the systems and policies that influence a company’s administration. Effective corporate governance emphasizes efficiency, accountability, and adaptability to the changing climate.

With the emergence of the limited liability form of corporate business organization, the issues embracing corporate governance have assumed great deal of importance and have been warranting close scrutiny, which has over the last two decades enlarged the window of opportunity.

The corporate governance system has taken center stage in India after the issue of SEBI guidelines and amendment of listing agreements of the various stock exchanges in response thereto and amendment to the Companies Act.

ABK services include:

  • Accountability.
  • Effective Supervision.
  • Independent verification.
  • Balance in the Boardroom.
  • Sufficient number of non – executives directors who are independent of the board, etc.
  • Maintenance and periodic review of the internal control system.
  • Periodic monitoring through internal audit.
  • Adequate disclosure and transparency in reports.
  • Independent audit.
  • Formation of an independent audit committee for the board.
  • Participation in board of directors of Companies, to ensure good corporate governance, establishing healthy transparent business practices for the future.

© 2017 Agrawal B.Kumar & Co