Corporate Governance
Riada offers Corporate Governance services. This includes drafting laws and procedures that regulate the relationship between the company's management (Board of Directors) and various stakeholders associated with the company (founders - shareholders).
Governance serves as a form of self-monitoring for the company's activities, ensuring the regulation of the performance and practices of those managing the company, their compliance with laws issued by regulatory authorities, and adherence to the company's internal work regulations.
including the following services:
1
Advising on the practice of corporate governance and compliance with relevant laws and regulations.
2
Preparing and revising the articles of association of the company, which defined the organizational structure, duties, and responsibilities of the board of directors, shareholders, and executive managers.
3
Organizing board meetings and preparing agendas, minutes and documentation.
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FAQs
It is the set of rules through which the company's management is organized, the relationship between the parties of the company, including the board of directors and CEOs, and the development of a mechanism for decision-making and clarification of the tasks of each party and the rights of shareholders.
Corporate governance includes several basic rules, the most important of which are:
- Shareholders' Rights.
- Equality between shareholders.
- Disclosure and transparency.
- Responsibility of the Board of Directors.
- Members of the Board of Directors.
- Periodic reports.
- The company's financial statements and their discussion.
- Configure the company's reserves and determine their uses.
- Auditor's reports.
- Voting in the General Assembly.
- Election and removal of the Board of Directors.
- Get annual profits.
- Their right to participate effectively in the meetings of the General Assembly.