Addressing Corporate Governance Issues Efficiently
January 3, 2011
Corporate governance is a blanket phrase that relates to legal issues around the office.
It can be as simple as collecting signatures after a board meeting or recording the meeting’s minutes. Governance also extends to coordinating stock options, too. There really is no limit to the legal issues a company can tend to. As part of a best practices process, every company should have a corporate attorney looking out for the business’s welfare.
In terms of operational management, corporate governance is a simple way to ensure that you’re not involved in questionable business practices. It keeps you free from legal troubles and able to focus on your business growth strategies.
Corporate governance essentially addresses a company’s legal vulnerabilities by being a top-down option for tracking the routine business that, when overlooked, can land a corporation into hot water. Watch the full video starring Jeremy Aber for more information on this topic.