Corporate Governance

“It is clear that good corporate governance makes good sense. The name of the game for a company in the 21st Century will be conform while it performs.“ - Mervyn King (Chairman: King Report)

What is Corporate Governance ?

In essence, corporate governance is a commitment to business ethics and good practice.

Good corporate governance involves having effective policies and procedures, but also involves ongoing practical implementation and audit; it represents an ongoing commitment to standards of business ethics not only for the benefit of stakeholders such as shareholders and staff, but also for the wider community.

Why is Corporate Governance important ?

Many of the largest businesses in the UK and internationally already have corporate governance policies and procedures, but the value of taking such matters seriously for all businesses, large or small is principally in :-

  • That business ethics, fairness, consistency,  internal audit, transparency and trust, all  generally have a marked positive effect on risk  reduction and result in better business and ultimately higher profits.
  • Corporate governance incorporates aspects such as anti-bribery and corruption.
  • On a medium to long term basis capital is freed up by reduced losses and reduction in capital reserved for contingencies.
  • Above all, good corporate governance is good risk management and reputation management.

How we can help

We have a multi-disciplinary team which includes extensive legal, financial, risk management and investigative experience. We also work closely with established law and accountancy practices so as to provide a “one stop shop” in tailoring a solution for each client which can incorporate :-

  • Preparation of corporate governance and risk management policies and procedures.
  • Assisting with researching and implementing business and strategic objectives.
  • Ongoing external audits of compliance and training for and dovetailing with, an internal audit function.
  • Investigating and providing reports on corporate governance compliance of potential business partners as an indicator of whether such prospective partners are suitable.
  • Assistance with overall risk management.