Board & Corporate Governance
Corporate Governance is the system by which companies are directed and controlled (Cadbury Committee, 1992). Its purpose is to optimize resources to promote accountability and efficiency within the corporate structure. Generally the board of directors set the company's corporate governance, which establish and promote policies for the management and employees of the corporation. The board would then be responsible to the company's customers and shareholders. Companies require a flexible framework to streamline governance programs, ensuring corporate governance compliance and improving accountability and communication.