Corporate governance is “the system by which companies are directed and controlled” (Cadbury Committee, 1992). It involves regulatory and market mechanisms, and the roles and relationships between a company’s management, its board, its shareholders and other stakeholders, and the goals for which the corporation is governed.
ACI Ensures Accountability and Transparency
Alverius and Company works diligently to ensure accountability, fairness, and transparency in our company’s relationship with all of our stakeholders including our investors, customers, management, employees, government and community by adhering to a framework of rules and practices designed for this end.
Our corporate governance framework consists of (1) explicit and implicit contracts between the company and the stakeholders for distribution of responsibilities, rights, and rewards, (2) procedures for reconciling the sometimes conflicting interests of stakeholders in accordance with their duties, privileges, and roles, and (3) procedures for proper supervision, control, and flow of information to serve as a system of checks-and-balances.
