The purpose of corporate governance is to help build an environment of trust, transparency and accountability necessary for fostering long-term investment, financial stability and business integrity, thereby supporting stronger growth and more inclusive societies.
Corporate governance involves a set of relationships between a company's management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined.
CARD Foundation places great emphasis on the corporate governance system improvement and its importance in the long-term sustainable development and challenges overcoming.
The function of the corporate secretary was established in the company around two years ago. The company has a corporate secretary regulation, that has been approved by the board of directors.
The view of the corporate secretary regarding the corporate governance procedures and issues is considered both by the board of directors and the senior management. The company is interested in the continuous development of the corporate secretary.