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Corporate governance
can be defined may ways : |
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A relationship
between the board of directors, its management team, its shareholder
and other stakeholders in controlling the company's direction and
monitoring its operation and administration. |
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A structure
of an internal controlling process ensuring that the board of directors
evaluates the management team's transparency and efficiency. |
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A system
having a corporate control structure combining strong leadership and
operation monitoring. Its purpose is to establish a transparent working
environment and enhance the company's competitiveness It also strives
to preserve capital and increase shareholders' long-term value with
the consideration of these factors business ethics, stakeholders and
social concerns factor, throughout the process. |
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- Appoint directors to be their representatives
- Regular monitoring the appointed direactors' performance.
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- Maximizing returns
- Being responsible for assigned duties to shareholders and
company |
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- Possess strong leadership skills, good policy planning skills,
and the ability to control power.
- Honestly and prudently perform their duties
- Appoint a qualified management team to be their representative
for managing the business
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| Perform their duties assigned by a committee |
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- Perform the operations according to the director's policy
- Ensure the consistency of business operations
- Honestly and prudently perform their duties |
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