DELEGATION OF THE BOARD’S AUTHORITY
The role of the Board is a crucial one and as such legislation and a plethora of cases recognize the […]
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THE IMPERATIVE OF SUCCESSION PLANNING TO BUSINESS SUSTAINABILITY
Many businesses take out insurance to mitigate potential risk exposures and uncertainties – such as flood, hurricane, fire, burglary, etc.
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Firing The CEO
A major responsibility of the Board is selecting the CEO. It must therefore ensure that it picks the right CEO
Principle 26 – Sustainability
“Paying adequate attention to sustainability issues including environment, social, occupational and community health and safety ensures successful long-term business performance
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The Nigerian Code of Corporate Governance: Principle 28 – Disclosures
“Full and comprehensive disclosure of all matters material to investors and stakeholders, and of matters set out in this Code,
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The Nigerian Code of Corporate Governance, 2018 Principle 25 – Ethical Culture
“The establishment of policies and mechanisms for monitoring insider trading, related party transactions, conflict of interest and other corrupt activities,
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DEALING WITH CONFLICTS OF INTEREST IN THE BOARDROOM
A conflict of interest occurs when an individual is involved in multiple interests, one of which could possibly corrupt the
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THE NIGERIAN CODE OF CORPORATE GOVERNANCE: PRINCIPLE 24 – BUSINESS CONDUCT AND ETHICS
“The establishment of professional business and ethical standards underscores the values for the protection and enhancement of the reputation of
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Directors Attendance and Participation at Board Meetings
A Director stands in a fiduciary relationship towards the company and shall observe the utmost good faith towards the company
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THE NIGERIAN CODE OF CORPORATE GOVERNANCE, 2018PRINCIPLE 22 – SHAREHOLDER ENGAGEMENT & SHAREHOLDER ACTIVISM
“The establishment of a system of regular dialogue with shareholders balances their needs, interests and expectations with the objectives of