Corporate Governance; Problems and Challenges

Corporate governance is the structure of rules, practices, and processes used to direct and manage a company. A company’s board of directors is the primary force influencing corporate governance.

The responsibilities of the board include setting the company’s strategic aims, providing the leadership to put them into effect, supervising the management of the business, and reporting to shareholders on their stewardship.

Corporate governance is therefore about what the board of a company does and how it sets the values of the company, and it is to be distinguished from the day-to-day operational management of the company by full-time executives.

Studies show that the emerging of good corporate governance in place will increase values towards stakeholders and attracts potential long-term investors. Among the climate governance principles as shown.

At FMC, Our Governance and risk leader provides advisory, mentoring, and training for commercial organisations conform with the prudent management and a full-fledged of development of a new strategic business perspective.. Reach us at admin@faisalmalikco.com

Mohamad Faisal C.A. (M), CIPFA, CPSA, ASEAN CPA, CFP, DPIN, HRDF Cert Trainer has wide exposure in governance, business finance, corporate adivisory, personal finance, and SME development. He is a business mentor, a certified accountant, a financial planner, and a certified business mentor. He is also a ‘Business Mentoring for Mentors’ from the Entrepreneurship Development Institute of India (EDII) and ‘Entrepreneurship in Emerging Economies’ from HarvardX Business School. He was also appointed as a council member to two national professional bodies, Chairman of SMP Malaysia, Member of the National Governing Committee to MPC Professional Nexus, an Industry Advisor to three local universities. He is also the founder of FaisalMALIK & co [CA].