GOOD CORPORATE GOVERNANCE
Sound policies should be formulated
Good corporate governance is intended to facilitate responsible, efficient and prudent management of a company, to increase a company’s accountability and to preempt and avoid massive disasters. It is understood that good corporate governance helps companies operate more efficiently, improves access to capital, mitigates risk and safeguards against mismanagement.
According to the International Finance Corporation (IFC) of the World Bank Group:
“Corporate governance is defined as the structures and processes by which companies are directed and controlled. Good corporate governance helps companies operate more efficiently, improve access to capital, mitigate risk and safeguard against mismanagement. …
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LECTURE ON GOOD CORPORATE GOVERNANCE
Looking back on the future: the further development of corporate governance in Curaçao
A seminar on Checks and Balances in Corporate Governance on Curacao, was held on Thursday February 21st, 2013. More than 125 interested managing directors, supervisory directors, lawyers, accountants and other participants were in attendance.
The seminar was organized by the Board of financial supervision (College financieel toezicht – Cft), the Foundation Bureau for Supervision and Standardization Government Entities (Stichting Bureau Toezicht en Normering Overheidsentiteiten – SBTNO) and the Dutch Caribbean Accountants Association (DCAA). I had the honor to speak on the present and future of the Corporate …
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