CORPORATE GOVERNANCE CONSULTING
The demise of several Fortune 500 companies underscores the essential need for corporations to evaluate their corporate governance practices. Experience dictates that the future viability of public corporations hinges on a strong and well executed corporate governance plan. Corporate governance represents the legal and operational procedures that public companies institute to balance the relationship between the corporation and its constituencies, including the shareholders, the board and its committees, executive officers, employees, and customers. Corporate governance addresses such issues as board committee composition, audit guidelines, and policy manual development.
Corporate boards are far more sensitive to the “public exposure” aspects of corporate governance than ever before. This is due to several factors:
Riskon is well positioned to assist corporations in conducting “self audits” of their corporate governance practices. Riskon’s governance consultants not only have the proficiency to expose the gaps between a corporation’s current governance practices and best practice guidelines, but they also have detailed knowledge of structured finance, quantitative modeling and risk analysis in the financial markets. These combined skills provide clients with a value added benefit as they undertake the initiatives to close the gaps. The consulting services Riskon offers corporate boards and independent directors include:
Riskon establishes an open dialogue with its clients to determine their specific areas of concern within their organizations. Riskon differentiates itself from other governance consulting firms in that Riskon customizes its proposals to meet the customer’s stated concerns and is not limited by one specific prepackaged model. It needs to be acknowledged up front that the value derived from performing a governance audit is contingent upon the degree to which executive management is involved in exploring the corporation’s current practices and the priority placed on making any necessary changes.
The synergies generated from
Riskon’s expertise in corporate governance, executive search, and the
financial markets, offer clients a full suite of corporate governance
services, from policy remediation and director training, to director replacement.
All services are performed adhering to the highest standards of quality,
integrity, and discretion.