Corporate governance

The net profit margin of listed companies is 11.4%
The net profit margin for private companies is 1.8%

BRW 1000 survey
The difference is the lack of corporate governance!

Is this you?

If it can be demonstrated that some, if not all corporate governance principles can help increase profitability, then why not consider it? Have you considered introducing corporate governance principles across your organisation, but not sure where to start?

Purpose

The ASX defines corporate governance as “the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations”. It encompasses the mechanisms by which companies, and those in control, are held to account. Corporate governance influences how the objectives are set and achieved, how risk is monitored and assessed, and how performance is optimised.

Intended results

To help you govern and manage your organisation more effectively. By taking a common sense approach in selecting certain principles and implementing recommendations considered appropriate given the circumstances of your business.

Effective mechanisms encourage companies to create value, through entrepreneurialism, innovation, research and creativity, and provide accountability and control systems considering the risk involved.

Compliance = legal obligations

Corporate Governance = performance & value creation activities

BTO can help you...

By assisting you in tailoring and implementing corporate governance principles that are relevant to your business. The principles are:

• Lay solid foundations for management and oversight
• Structure and the board and the organisation to add value
• Promote ethical and responsible decision-making
• Safeguard integrity in financial reporting
• Make timely and balanced disclosure
• Respect the rights of shareholders
• Recognise and manage risk
• Remunerate fairly and responsibly

Call us on 0425 210 249 or complete our contact form to discuss your needs.