Quick Links
Contact Info
- Address:
IFZA Business Park, Building A2,
Dubai Silicon Oasis,
Dubai, UAE - Call: +971 4228 5285
- Email: info@bnrmanagementconsultancy.ae
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.
Corporate governance companies follow the below given key elements to implement effective practices.
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.
While approaching corporate governance advisory services in Dubai, they define the roles and responsibility, especially managers, directors, or GM are responsible for the day to day management of business. With relevant experience and qualification, they comply with the MoA and other laws. Some of the key responsibilities of manager include.