7. Attract experienced and
Independent
Non-Executive
Directors onto the Board
9. If it’s a family business then establish a family constitution
and its business subscribe to and must describe the roles and function of all
the challenge of selecting a candidate
ought to understand corporate
governance but should respect the
of
corporate
governance
10. Realise that corporate governance is IN YOUR INTEREST!
will
be trusted by the various parties and
8. Establish an Audit and Risk
Committee and recognise that
the governance of risk is a Board
responsibility
corporate governance should not be at the cost of these traits and traditional
it’s suggested that the individuals
on this committee have a strong
generally recommended that the
committee is comprised of a majority
Hawkamah-S&P
ESG
Index
outperformed the market.
companies
have
and an effective internal control
environment is another fundamental
because it develops a deeper insight
all organisations must continuously
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