Effective corporate governance remains central to the success of cooperative financial services like SACCOs in Kenya.
Good governance is essential in religious organizations, ensuring effective leadership structures, legal compliance, transparent decision-making, and upholding ethical standards. Discover the significance of governance in churches and its impact on accountability and mission fulfillment.
Discover how digital technology is revolutionizing Environmental, Social, and Governance (ESG) excellence for businesses and organizations. Explore the powerful synergy between digital innovation and ESG objectives, enhancing environmental sustainability, social responsibility, and robust governance practices.
Explore the pivotal role of corporate governance registers and records in fostering transparency, accountability, and stakeholder protection. Learn how these historical documents serve as tools for compliance, risk management, and informed decision-making in the corporate landscape.
Uncover the Power of Ethical Audits: Preventing Record Fines for Devki, Doshi, and Others in the Steel Industry. Elevate Fair Play and Innovation.
A succession plan is a comprehensive document that starts with the hiring process and works its way through the ranks and details different leadership positions in the organization. No matter the size of the organization, a succession plan is key to having a smooth transition. Frequently, the process of identifying potential successors for roles within a company involves considering internal candidates.
The Institute of Certified Secretaries Kenya (ICSK) plays a pivotal role in upholding governance standards through its comprehensive framework, focusing on recommended practices for preparing, passing, recording, and maintaining resolutions. Resolutions serve as official decisions by an organization's governing body, guiding actions and binding stakeholders.
Forfeiture of shares occurs when a shareholder loses their ownership rights and privileges over the shares they previously held. This can happen for various reasons, such as non-payment of allotted shares, violations of company policies, or breaches of shareholder agreements.
Effective minute taking and retention are essential aspects of corporate governance, ensuring transparency, accountability, and compliance within organizations. This article provides a detailed overview of Governance Standard 003, elucidates its significance in corporate governance, and explores the crucial role of the company secretary in minute taking and retention.
Having the same person hold both the positions of CEO and Board Chair affects the company in multiple ways, which can be either beneficial or detrimental. Generally, separating the roles of the CEO and the Board Chair is considered best practice by many regulators, but should this be the case?