Corporate Governance Behavior quiz 2016
In order to secure the trust and confidence of investors and other stakeholders an effective board will have procedures in place to evaluate its own performance on a regular basis, and will have developed an action plan for addressing areas identified for improvement.
Good corporate governance behaviours will provide for proportionate risk appraisal and management, prudent decision making and open communication. Regardless of the size of your company or its development stage, the combination of applying a “comply or explain” approach with a set of principles facilitates the creation of a corporate culture of high standards, which will help to secure investment necessary for the long term success of the business.
Good corporate governance behaviours can only be recognised by investors if such behaviours are properly reported. Take our self-assessment quiz to find out how effective your reporting is.