What should the corporate governance report contain?

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Furthermore, in addition to the applicable rules and regulations, WSE-listed companies are required to comply with the “ Code of Good Practice for WSE-Listed Companies 2021 ”. This is a set of rules aimed at promoting effective governance, respect for shareholder rights and transparent communication with the market. According to the “comply or explain” principle, companies must comply with rules relating to: information policy and communication with investors, management and supervisory board, internal systems and functions, general meeting and shareholder relations, conflicts and transactions with related parties, and remuneration.

By taking the above elements into account, companies can provide stakeholders with a clear view of how corporate governance principles are integrated into malaysia mobile phone number data their strategy, increasing trust among investors, customers and other stakeholders. The concept of corporate governance may seem incomprehensible at first, so we have prepared some practices to help you apply corporate governance principles in accordance with current recommendations.

Regular reports on the company's activities, as well as a clear definition of the roles and responsibilities of management and employees.
The first element worth introducing is transparency in the company's operation and a clear definition of the responsibilities of the various functions. Companies must regularly inform stakeholders about their activities, difficulties, risks or financial results. Publishing reports describing ESG factors helps to build trust . It is also worth adding that all reporting procedures and standards must be transparent to make them as easy to read as possible. Within the organisational structure, roles and responsibilities must be clearly defined, to ensure that decisions are made in an informed manner.