Corporate governance refers to the way that Boards oversee the running of a company by its managers, and how Board members are held accountable to shareowners and the company. Performance Inc Kuwait Consulting serves its valuable customers with the best guidance to implement a governance system that is concerned with holding the balance between economic and social goals and between individual and communal goals. The application of the corporate governance principles will ensure a better economical environment for companies and especially for financial organizations.
Implementing the Governance system in many organizations, Performance Inc Kuwait Consulting could ensure our clientele with its real and measurable benefits in -Accessing capital or reducing the cost of capital, Facing and responding to external market pressures, Balancing (sometimes) diverging shareholder interests, Resolving governance issues in family-owned businesses, Ensuring company sustainability, And in achieving better operational results.
Today’s corporate citizenship — defined by a clear call to environmental, social— links directly to three fundamental functions of boards and their directors’ duties to the companies and shareowners they serve like Protecting stakeholder rights and interests, Managing risk and Creating long-term business value
Corporate governance initiatives can assist the board of control and the management to act on objectives that are in the best interest of both the company and the shareholders. Good corporate governance is that, the processes of disclosure and transparency are followed so as to provide regulators and shareholders as well as the general public with precise and accurate information about the financial, operational and other aspects of the company. As has been mentioned, corporate governance is a term that means many things and the bottom line for good corporate governance is the dual aim of pursuing profits and doing so in a transparent and accountable manner. Here, where Performance Inc Kuwait Consulting can offer its services in building a best governance system which will ensure a high profitability through systematic and authentic performance strategy.