WHAT IS CORPORATE GOVERNANCE?

Corporate governance is the monitoring of the company’s management system in order to increase the company’s value. Corporate governance principles regulate the distribution of rights and responsibilities among shareholders, managers and stakeholders. Corporate governance is not a structure that deprives company owners of their management rights arising from their property. The aim in corporate governance is to increase the image, reputation, reliability and value of the company through established mechanisms.

 

  • SHAREHOLDERS MODEL

  • Master Partnership – Family Companies
  • Foreign Partnership
  • Multi-Partner Companies – Public Companies
  • State-Partnered Companies
  • Stakeholder Model
  • Employees
  • Supplier Dealer
  • Customers
  • Lenders

 

  • ELEMENTS OF CORPORATE GOVERNANCE

EQUALITY – Equal treatment of partners and stakeholders by the company management and prevention of conflicts of interest

TRANSPARENCY – Ensuring that the flow of information is complete and simultaneous

RESPONSIBILITY – Management’s responsibility for the balance between the board of directors, directors, shareholders and auditors

ACCOUNTABILITY – The fact that the members of the Board of Directors are essentially accountable to the company’s legal entity and partners

 

  • CORPORATE GOVERNANCE PRINCIPLES

  • Regulation of partnership rights
  • Structuring the board of directors
  • Regulation of the relationship between stakeholders
  • Ensuring transparency in the corporate governance area
  • Risk management