Pelagic Technologies

Corporate Governance & Risk PDF Print E-mail

 

Corporate governance is defined as "the way in which an organisation is governed and controlled in order to achieve its objectives. The control environment makes an organisation reliable in achieving these objectives within an acceptable degree of risk."

Corporate Governance is such a hot topic within management circles as this defines the success or failure of management risk. It can be described as the force that binds an organisation with its objectives while risk management forms the foundation for it. A multi-faceted approach has to be adopted as the attributes of risk are dictated by the nature of a corporation or department. Corporate Governance is an embodiment of various management concepts evolved over the years. In essence, it is an application of these management concepts under a standardized best practice method.

At Pelagic Technologies, we lay particular emphasis on implementing methods to manage risk and focus on corporate objectives. We adopt the best practice approach to map the risk that adhere to the demanding requirements of governing bodies. Our tool used in this approach is completely structured on the best practices methodology. We have also elaborated on one of the most important standards - Sarbanes-Oxley. Click on the link below to read further.

 

Sarbanes-Oxley Act

 

 
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