Corporate Governance features
Corporate compliance:
The BOD should make sure that corporation obeys with all related laws, governance practices, regulations, accounting and auditing standards.
Corporate Communication:
The BOD must ensure that corporation corresponds with all its stakeholders successfully.
Accountability to Members:
The BOD must serve lawfully all members and account to them fully.
Responsibility to stakeholders:
The BOD must recognize the firm’s internal and external stakeholders and concur on a policy (ies) determining how the firm must associate to and with them, rising wealth, jobs and sustainability of a financially sound corporation whereas ensuring that the rights of the stakeholders are appreciated, acknowledged and protected.