|
Risk was developed to give an over-view to a business with its main aim to enhance and preserve wealth for its owners, shareholders and clients. So as to control risks via corporate governance, best practices in the most practical manner. Corporate governance refers to the relationships of a company, its board, shareholders, clients, the specific responsibilities of the board of directors and management to ensure and maintain these relationships. The relationships require that managers and directors focus on maximising the long term benefits in terms of profits and cash flow while minimising risks. Future cash flows can only be sustained and maximised if good relationships are maintained with stakeholders such as clients, employees, suppliers and the local community by also accommodating and making known their interests and that the said company believes that this essential that its stakeholders have a proper appreciation of their affairs.
| 
