Governance and Risk Management
Comprehensive establishment governance services to ensure safety, transparency, and quality
Our Service
At Management & Quality, we provide establishment governance service through comprehensive governance practices that help establishments limit risks, avoid mismanagement, ensure their safety and enhance shareholder value.
Our establishment governance team consists of specialists from professionals and legal experts in establishment governance practices and issues, and is also fully aware of local and international establishment governance expansions and updates.
What is Meant by Establishment Governance?
Establishment governance means the rules through which the establishment is led and directed, including mechanisms to organize different relationships between the board of directors, executive managers, shareholders and stakeholders.
This is done by establishing special procedures to facilitate the decision-making process and impart transparency and credibility to it, in order to protect shareholders' and stakeholders' rights and achieve justice, competitiveness and transparency in the market and business environment.
Importance and Benefits of Establishment Governance
The importance of establishment governance lies in multiple aspects, the most important of which are
Economy
Establishment governance contributes to raising the level of economic efficiency due to its importance in helping stabilize financial markets, raising the level of transparency, attracting investments from abroad and domestically alike, in addition to reducing the size of risks facing the economic system
Establishments
The application of governance principles helps establishments create a sound work environment that enables the establishment to achieve better performance with good management availability, and therefore the economic value of the establishment is greater. In addition, good governance helps establishments access capital markets and obtain necessary financing at a lower cost, enabling them to expand their activities.
Investors and Shareholders
Establishment governance aims to protect investments from exposure to loss due to misuse of authority not in the interest of investors and also aims to maximize investment returns, shareholder rights and investment value, in addition to limiting cases of conflict of interest.
Other Stakeholders
Governance seeks to build a close and strong relationship between establishment management, its employees, suppliers, creditors and others. Good governance enhances the level of trust of all dealers to contribute to raising the level of establishment performance and achieving its strategic goals