Corporate Governance: Business Solutions

“The essence of any system of good corporate governance is to allow the board and management the freedom to drive their company forward but to exercise that freedom within a framework of effective accountability.”

Corporate Governance is a performance issue
Why PricewaterhouseCoopers?
Comprehensive, expert knowledge
Practical, credible experience
An outstanding team
A proven approach
Key elements of an effective corporate governance framework

Corporate Governance is a performance issue

Good corporate governance is a foundation attribute for a healthy organisation. It sets the tone as to how the organisation operates and behaves both internally and to the market generally. It defines the relationship between the board, management and the rest of the organisation. It is a performance issue.

A comprehensive corporate governance framework will address:

oversight of the company's performance and the board's contribution to corporate success in the context of the company's strategic goals and objectives
the board's relationship with the Chief Executive
appointment and performance of the Chief Executive
board membership, conduct, operations and performance
the ethical tone for the organisation and the transparency of its conduct
corporate strategy and direction and the monitoring and measurement of performance against goals, objectives and action plans
effective oversight of risk management, corporate compliance and the integrated framework of internal controls
communication, reporting and information flows between the board and management
communicating with and protecting the rights and interests of shareholders and all other stakeholders
division of responsibility between the board and management
reliability of financial reporting, both internal and external.

Why PricewaterhouseCoopers?

There are many challenges facing today's board and a range of issues that require its attention.

Shareholders and stakeholders alike scrutinize the activities of each company more closely than in the past. High standards of corporate governance are expected and are increasingly relevant in the allocation of investment capital.

The governance issues organisations face are many and varied. While best practice principles provide a valuable guide to all companies, the challenge is effective integration of the appropriate, relevant, best practice elements to create a specific governance framework to meet each company's needs and suit its specific circumstances.

Comprehensive, expert knowledge

Our knowledge of corporate governance best practices and solutions is global in its orientation. We utilise our world-wide network of corporate governance experts to monitor and analyse international developments for the benefit of our local clients.

Practical, credible experience

Our record and reputation in corporate governance consulting has been built on delivering effective, focussed, practical, and tailored solutions which meet organisational needs and reflect relevant community expectations.

We have recognised skills in assessing governance practices and identifying possible areas for improvement in an operational context. We have hands on experience in assisting clients to implement our recommendations.

We offer a 'dose of reality' in governance matters focussing on practical solutions.

An outstanding team

There is no substitute for practical experience in addressing the complex governance issues organisations face. Our corporate governance work is conducted by specialist partners and directors with real and relevant experience, unmatched by our competitors.

A proven approach

We do not have a preconceived 'one size fits all' governance framework. We place emphasis on our knowledge of governance principles and international best practice and their practical application in an Polish context. We draw on our knowledge and experience to develop a corporate specific, integrated, effective and efficient governance framework.

PricewaterhouseCoopers Corporate Governance Services can help you to:

harness the benefits of good corporate governance for your organisation
improve the operations of your board and enhance its contribution to the organisation’s performance
benchmark your governance framework against the relevant best practice standards
understand how governance principles can be effectively and efficiently applied in your organisation
integrate and augment the governance initiatives you have in place
address individual governance issues.

We work with our clients to develop a practical, integrated, effective and efficient governance framework, which is consistent with their corporate strategy, ethical values and stakeholder expectations and which will enhance their organisation’s performance.

Key elements of an effective corporate governance framework

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