Purposes and deliveries of this service:
The main purpose of this service is to support the clients to set up or renovate their Corporate Governance Principles or to assess the actual performance of these principles.
Deliveries of this service may include:
- Setting up / renovating the Corporate Governance Principles: These principles help the company to behave in the transactions between the company and related parties such as shareholders, board of management, employees, and others to ensure a good and long-term relationships.
- Issuing reports that present assessment of the actual performance of corporate governance principles and according recommendations for improvement.
Clients of this service are:
- enterprises that are required by laws to set up and apply the corporate governance principles
- enterprises having complicated organizational structures and increasing growth. Such enterprises will need to apply corporate governance principles to minimize and control conflicts between related parties which contribute to efficient business operation and a long-term development.
The service is delivered with the following steps:
- Kick-off meeting: We discuss with the client to clearly understand the client’s specific demands and requirements, and then provide full explanation to the client about our approach and processes. We agree with the client about the objectives, scope of services, timing schedules, cooperation mechanism, lists of documents to be provided, significant procedures that need attention, … This step can be done through direct meetings or emails.
- Fieldwork (at clients’ offices): We observe and research documents to obtain understanding about the client’ businesses, management culture, organizational structures, operation processes…. We then have interviews with related personnel of the client to verify their needs and functions.
- Prepare reports: We will prepare the reports as agreed with the client and then send them to the client for review and comment. Meetings will be followed to explain further about the reports.