Corporate Governance Services in Dubai

Corporate Governance Services in Dubai

With the fast growing economy, the Middle East has increased awareness of corporate governance in the past decade. The level of sophistication in governance laws and frameworks may vary but there is real focus on implementing these laws and requirements, applicable to the corporate governance in the Middle East.

Corporate governance advisory services are mostly driven with the need for more foreign direct investment. Most of the businesses in the Middle East companies are facing competition due to globalization. Now, these companies learn corporate governance system and professionalize the way they do their business.

• What is corporate governance?

  Corporate governance relates to the practices, process, and structures of a company that enable a business to meet its financial goals, operational, and strategic goals, with long standing sustainability and corporate performance. Corporate governance companies with good principles reduce risk, increase transparency and such practices monitor your business in an effective manner. Good company governance reflects a company’s ethics and brings practical benefits by increasing efficiency and leading to higher valuation of company’s shares.

• What are the key elements required to implement corporate governance?

  Corporate governance companies follow the below given key elements to implement effective practices.

• Qualified board

  The board should have directors and shareholders with experience and deep knowledge in business. The majority of board members should be independent and free from day to day management of the company. This ensures diverse and unbiased view on company governance.