The high level of uncertainty in the global economy and the lack of clarity about the potential impact of these conditions on the business of companies has increased the role of boards of directors in determining risk management policies. Here is more about it. The concept of risk management policy Modern economic science presents risk… Continue reading Importance of a Risk Management Policy
To give legal force to the decisions made by the board of directors at the meeting, this body draws up a resolution. In this article, we will consider the basic aspects and peculiarities of such kinds of documents. What is a resolution? An important task facing the board of directors when processing management documents is,… Continue reading Why Do Boards Write Resolutions?
The global financial crisis caused a serious rethinking of the place of the board of directors in the company’s management system. In this article, we will analyze the best practices for board evaluations. The concept of the board performance evaluation processes The strengths and weaknesses of corporate governance are determined not by formal and externally… Continue reading 10 Best Practices for Board Evaluations