The duties of directors are discharged and proved through good governance and good reporting – on all material matters.
Accountability, authentic and conscious corporate leadership by the governing body are the cornerstones of good governance, and good governance builds trust.
Outcomes-based Corporate Governance is built on the foundations of principles and practices, which give effect to the principles.
Achieving outcomes that matter, must include both financial and non-financial impacts.
Outcomes-based strategies must be laser-focused on the distinctive activities of companies / organizations, that drive ethical behaviors and principled performance.
Governance outcomes are the benefits that organizations could realize through key elements of good governance:
- Ethical Culture
- Good performance
- Effective control
- Legitimacy
- Stakeholder-Centric
Board assessment and culture evaluation – using specialized software – CoSteer
