CORPORATE GOVERNANCE

Corporate governance is the system by which companies are directed and controlled.
Boards of directors are responsible for the governance of their companies. The
shareholders' role in governance is to appoint the directors and the auditors and to
satisfy themselves that an appropriate governance structure is in place.

Corporate governance essentially involves balancing the interests of a company's

many stakeholders, such as shareholders, senior management executives, customers,
suppliers, financiers, the government, and the community

The fundamental objective of corporate governance is to enhance shareholders'

value and protect the interests of other stakeholders by improving the corporate
performance and accountability.

The purpose of corporate governance is to facilitate effective, entrepreneurial and

prudent management that can deliver the long-term success of
the company.Corporate governance is the system by which companies are directed
and controlled. Boards of directors are responsible for the governance of their
companies.