Corporate Governance

Boards of directors need to be aware of cybersecurity risks and shouldn't merely rely on reports by senior IT executives.

A company's success depends on both the Management and Board of Directors. Having a list of criteria would be helpful when selecting those special individuals with strong leadership skills. It would serve as the reference to guide the selection process.

There is a common belief that only large or public companies with many shareholders need to be concerned about, or can benefit from, implementing corporate governance practices. This is wrong.

Selecting people to join the board of directors must be done carefully to ensure good corporate governance.

Understanding the strategic roles of the corporate board is crucial, so both the management and other stakeholders can align their actions and activities in achieving the long-term goals. There are at least five specific roles that a corporate board own, which are influential to the company culture.

Corporate governance is not the merely reserved for large corporations. Any company, regardless of size or whether it is public or private, must have corporate governance in place, as it would impact the longevity of the organization.