Shareholders, legislators and other stakeholders are constantly looking for more and more transparent corporate governance standards. Corporate governance systems should be aligned with the business organization. One the same model and approach is not applicable to all organizations.
Approach and methodology of BDO team includes:
- Maturity rating system of corporate governance,
- Formalizing administrative and organizational policies,
- Defining responsibilities and delegation of authority,
- Defining the Statute (of the Audit Committee, Board of Directors, etc.),
- Improvement of processes and procedures.