The Board has the mandate of setting out the strategic direction of the company, overseeing management's performance, and ensuring that the company operates in compliance with the expected legal and ethical standards. With an increase in stakeholder expectations and enhanced regulatory requirements, there has been an increasing need for use of various mechanisms to assess the performance of the board.
As the principal advisor to the board of directors on matters of corporate governance, the corporate secretary is responsible for ensuring that the board operates in accordance with the highest standards of ethical behavior and accountability. This involves implementing policies and procedures that encourage transparency, integrity, and responsible decision-making.
Governance, risk management, and compliance (GRC) is a corporate management system that incorporates these three crucial functions into the processes of every department within an organization.
The scope of Corporate Governance Audits can vary depending on the size and complexity of the company being audited.
The first step in the registration process is submitting names for reservation where a name search is conducted.
Do you know that you are required to appoint at least one local representative when incorporating a foreign branch in Kenya?
Business Ethics Audits are designed to dig deep into a Company's practices to see how closely a company follows its own rules and policies as well as how far it complies with any external and guidelines and internationally recognized ethical standards
Legal compliance audits are an essential aspect of any organization’s risk management process. The objective of these audits is to ensure that an organization is complying with all applicable legal and regulatory requirements.
The compensation of the board of directors is addressed by board remuneration. The focus of remuneration policies for directors is to ensure their mutual existence
Board performance evaluation is a vital aspect of corporate governance. It refers to the process of assessing the performance of a company's board of directors and determining their effectiveness in fulfilling their responsibilities.
