Corporate governance has taken up a pivotal role in ensuring accountability and facilitating business success. With the widening shareholder base and changing ownership structure as well as the increasing number of corporate scams and hostile take-overs, the need for efficient corporate governance is more relevant than ever.
Therefore, entities must establish adequate risk management system, privacy and data protection capabilities, a clear mandate on founder’s control and succession planning, adequate support in getting the board right, constant performance evaluation and ensure the independence of directors so they can execute their primary function of acting in the larger interests of the shareholders.
Our team at Fox Mandal regularly advises clients to set up the above-mentioned processes in their entities and assist clients to adhere to the same. We endeavour to improve corporate confidence by enhancing corporate culture and controls capable of meeting regulatory requirements and avoiding/managing all compliance risks.