Corporate Governance

Corporate governance is a critical component to ensure organizational sustainability and excellence. We at MBG Corporate Services help our clients foster a culture of good governance. Corporate governance compliance promotes integrity, transparency, and responsible decision-making within a company. It is essential for maintaining trust with stakeholders, protecting the company’s reputation, and ensuring its long-term success.

Our team of professionals provide robust corporate governance advisory across various sectors to strengthen and enhance the effectiveness of their corporate governance framework.

How does a good corporate governance framework support your business?

How can MBG’s corporate governance advisory services help you?

1. Independent performance assessment of the board and its committees.

2. Assess governance maturity, improve/ design governance operating models, charters, policies, procedures, and delegation of authority matrices.

3. Defining the roles and responsibilities, accountability, powers and authority of the shareholders, board, board committees and management.

4. Defining, managing and monitoring board members’ independence status.

5. Independent assessment of internal audit, risk management, and compliance functions.

6. Develop a risk and compliance management operating model, policies and processes.

7. Ensuring adequate corporate governance practices amongst all subsidiaries.

Our Services

1. Why Conduct a Gap Assessment for Corporate Governance?

Effective corporate governance is critical for maintaining the trust of stakeholders, protecting against risks, and driving long-term value creation. However, as business environments evolve and regulations change, it’s essential for companies to periodically evaluate their governance practices to ensure they remain effective and compliant.

Our Gap Assessment for Corporate Governance enables organizations to:

Our Approach

Our experienced team of governance experts will work closely with your organization to conduct a comprehensive assessment of your corporate governance practices. Our approach typically includes:

1. Board Charter

At MBG, we believe that clear governance is essential for driving success and achieving our goals. Our Board Charter serves as a foundational document outlining the roles, responsibilities, and operating procedures of our board of directors. It ensures that our board operates effectively, transparently, and in the best interests of our stakeholders.

Key Components of Our Board Charter:

Why Our Board Charter Matters

Transparency: Our board charter promotes transparency by clearly outlining the roles, responsibilities, and processes governing our board’s operations.

Efficiency: By providing clear guidance on meeting procedures and decision-making processes, our board charter promotes efficiency and effectiveness in board governance.

Compliance: Our board charter ensures compliance with legal and regulatory requirements, as well as industry best practices.

1. Board Assessment

We at MBG are excited to offer a comprehensive assessment solution for your board members. Our assessment tool is designed to provide valuable insights into the effectiveness, strengths, and areas for improvement of your board.

Why Choose Our Board Assessment Tool?

• Tailored Assessments: Our assessments are customized to fit the unique needs and dynamics of your board. We understand that every board is different, and our tool is flexible enough to accommodate various structures and objectives.
• Comprehensive Analysis: Our assessment covers a wide range of dimensions, including board composition, leadership effectiveness, communication dynamics, strategic planning, governance practices, and more.
• Actionable Insights: We don’t just provide data; we provide actionable insights that you can use to drive meaningful change within your board.
• Confidentiality and Privacy: We understand the sensitive nature of board assessments and prioritize confidentiality and privacy.
• Continuous Improvement: Board assessment is not a one-time event; it’s an ongoing process.

How It Works

• Customization: We work with you to tailor the assessment to your specific needs and objectives.
• Data Collection: Board members complete the assessment anonymously, providing honest feedback on various aspects of board performance.
• Analysis and Reporting: Once the assessments are complete, our team analyzes the data and generates detailed reports.
• Action Planning: Armed with the assessment results, we collaborate with you to develop actionable plans for improvement.

Ready to elevate your board’s performance? Get started with our board assessment tool today! Contact us to learn more and schedule a consultation. Let’s work together to unlock the full potential of your board.