Manual on Corporate Governance

Who is an “Independent Director”?

By |2020-06-23T07:18:16+00:00June 23rd, 2020||

The independent director is a special type of non-executive director and hence does not participate in the management of the company and who, apart from his fees and shareholdings, is free from any business or other relationship with the company, which could, or could reasonably be perceived to, materially interfere with his exercise of independent

Who are stakeholders?

By |2020-06-23T07:15:28+00:00June 23rd, 2020||

A stakeholder is either an individual, group or organization that has an interest in a company and can either affect, or be affected by the organization's actions, objectives and policies e.g. shareholders, employees, government, regulators, customers, and suppliers.

Why is corporate governance important?

By |2020-06-23T07:10:03+00:00June 23rd, 2020||

Good corporate governance is at the heart of any successful business - - - because doing good is good business. It makes companies more accountable and transparent to the investors and gives them the tools to respond to legitimate stakeholder concerns. It contributes to the achievement of company objectives, drives improvement and development, and increases