Corporate governance refers to the set of systems, principles and processes by which a company is governed. They provide the guidelines as to how the company can be directed or controlled such that it can fulfill its goals and objectives in a manner that add value to companies and also beneficial for all stakeholders in the long term. Risk management and corporate governance are interchangeable, and it is essential that risk management policies and procedures are incorporated within corporate governance. In the present dynamic and uncertain business environments, it is crucial that proper risk management process is in place.
Krishan SHARMA
Partnership Advisor