The principles of good governance involve a system where the resident authority and its institutions are accountable, effective and efficient, participatory, transparent, responsive, consensus-oriented, and equitable. The term can refer to internal factors defined by the officers, stockholders or constitution of a corporation, as well as to external forces such as consumer groups, clients, and government regulations.
In recent years, corporate governance has received increased attention because of high-profile scandals involving abuse of corporate power and, in some cases, alleged criminal activity by corporate officers.
At Phillips Consulting, we undertake the following corporate governance services in line with the global codes of conduct:
- Developing the Corporate Governance Compliance Handbook
- Establishing and reviewing mandates for the Board of Directors and its Sub-Committees
- Developing Board Practices and Protocols; including Performance Monitoring, Role Clarification and Evaluation Indices
- Developing and reviewing the Board Constitution and Rules