Fundamentals Of Global Strategy 3 Generic Strategies For Global Value Creation

Although we have adopteda Code of Ethical Conduct, we have not yet followed any of these different company governance measures and because our securities arenot yet indexed on a national securities trade, we are not required to achieve this. We have not followed company governance measuressuch as an audit or different unbiased committees of our board of administrators as we presently don’t have a majority independentdirectors on our board. If we extend our board club in destiny periods to include extra impartial directors, we mayseek to set up an audit and different committees of our board of directors. It is possible that if our Board of Directors includedindependent directors and if we were to undertake some or all of those corporate governance measures, stockholders would advantage fromsomewhat greater coverage that inner corporate choices were being made by disinterested administrators and that guidelines hadbeen applied to outline guilty behavior. For instance, in case study solution absence of audit, nominating and repayment committees comprisedof at least a majority of impartial administrators, decisions concerning concerns reminiscent of repayment packages to our senior officersand strategies for director nominee could be made by a majority of administrators who have an interest in case study solution final result of case look at answer mattersbeing determined. Prospective buyers need to bear in mind our existing loss of company governance measures in formulating theirinvestment decisions.