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SB Law Asia

SB Law Asia

30 minutes Free Consultation
Bangkok, Thailand

Founded in 2014
9 people in their team
English
Hebrew (modern)
Yiddish
Thai
SB Law Asia - Bangkok’s leading law firm, offering top-tier legal solutions across Thailand with a skilled, multi-disciplinary team. Welcome to SB Law Asia, Bangkok's leading law firm dedicated to providing top-tier legal solutions across Thailand. Our distinguished multi-disciplinary team...
The Law Society Co.Ltd.
Phuket, Thailand

Founded in 2006
22 people in their team
German
Russian
Japanese
Korean
English
French
About UsAt The Law Society Co.Ltd., we are more than just a law firm - we are your steadfast partners in navigating the complex realm of legalities. With a solid foundation of over 15 years serving our valued clients and the larger community, we have fostered an unwavering reputation built on...
Sahal Law Firm

Sahal Law Firm

15 minutes Free Consultation
Riyadh, Saudi Arabia

Founded in 2015
53 people in their team
English
Arabic
Sahal Law Firm - Riyadh, Saudi ArabiaSahal Law Firm is a premier Saudi law firm in Riyadh providing bilingual (Arabic / English) counsel to local and international clients. we deliver end-to-end solutions in mergers & acquisitions (M&A), SAMA fintech licensing, corporate and commercial law,...

Founded in 2007
14 people in their team
English
Konstantinos Darivas & Associates | Trusted Law Firm in Athens, GreeceAt Konstantinos Darivas & Associates, we are a dynamic Athens-based law firm offering high-level legal services across a wide range of practice areas. With decades of experience and a strong reputation in civil, criminal,...
Kule Hukuk Bürosu

Kule Hukuk Bürosu

15 minutes Free Consultation
Istanbul, Turkey

Founded in 2010
10 people in their team
Turkish
English
German
Arabic
Portuguese
Spanish
Avukat Ferhat Kule, İstanbul'da yerleşik tam hizmet veren bir hukuk bürosudur. Müvekkillerimizin isteklerini karşılamak için çeşitli hukuk dallarında hizmet vermekteyiz. Çalışma alanlarımızdan bazıları Bilişim Hukuku, Boşanma ve Aile Hukuku, Ceza Hukuku, Şirketler ve Ticaret...
Law & More Advocaten
Eindhoven, Netherlands

Founded in 2008
10 people in their team
Dutch
English
Law & More is a dynamic Dutch law firm. The firm is located in Eindhoven and Amsterdam.Law & More provides the attention and customized service you need. The firm is international in scope and nature of its services and works for a range of sophisticated local and international clients,...

Founded in 2017
28 people in their team
English
Arnone & Sicomo is an International Law Firm founded by attorneys Gioia Arnone and Donatella Sicomo, with offices in major Italian cities including Palermo, Milan, Rome, Salerno, Catania, Cuneo, Venice, and Trento, as well as international locations such as London, Barcelona, Luxembourg,...
Mwale Law Advocates LLP
Nairobi, Kenya

Founded in 2013
7 people in their team
English
French
Swahili
Kikuyu
About UsMwale & Co. Advocates is a hallmark of legal distinction in Kenya. With a rich heritage in offering specialized services in numerous legal realms including Corporate and Commercial Law, Banking Law, Capital Markets Law, Intellectual Property Law, Telecommunications Law, Internet and...
KSN Bangkok Co., Ltd.

KSN Bangkok Co., Ltd.

15 minutes Free Consultation
Bangkok, Thailand

Founded in 2019
10 people in their team
English
Thai
At KSN Bangkok Co., Ltd., we are a full-service law firm based in Bangkok, Thailand, offering professional, client-centered legal solutions to individuals, entrepreneurs, and corporate clients, locally and internationally. With a team of experienced and dedicated lawyers, we provide tailored legal...
OLM Law Advocates LLP

OLM Law Advocates LLP

15 minutes Free Consultation
Nairobi, Kenya

Founded in 2021
10 people in their team
English
Who We Are:OLM Law Advocates LLP is a leading full-service law firm in Kenya, recognized for delivering exceptional legal services tailored to diverse clients. Our clientele includes individuals, dynamic corporations, esteemed financial institutions, governmental, and non-governmental...
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About Corporate Governance Law

Corporate Governance refers to the system of rules, practices, and processes by which companies are directed and controlled. It involves balancing the interests of a company’s stakeholders, including shareholders, management, customers, suppliers, financiers, government, and the community. The framework of Corporate Governance is intended to ensure accountability, fairness, and transparency in a company’s relationship with all its stakeholders. Good governance helps organizations manage risks, comply with laws and regulations, and meet ethical standards. It can affect everything from the strategic direction of a business to the daily operations of its corporate officers.

Why You May Need a Lawyer

Legal assistance in Corporate Governance is essential for a range of scenarios, particularly as organizations grow or face increased regulatory scrutiny. You may need a lawyer if:

  • You are forming a new company and need guidance on setting up an appropriate governance structure.
  • Your company is undertaking a merger, acquisition, or major reorganization.
  • You are revising or drafting bylaws, shareholder agreements, or board charters.
  • Your business is accused of non-compliance with regulatory requirements or faces shareholder disputes.
  • You require advice on directors’ duties and fiduciary responsibilities.
  • Your organization is preparing for a public offering or seeking investments.
  • You want to ensure your company’s internal controls and risk management practices meet local and international standards.
  • You need to resolve conflicts between stakeholders, such as minority shareholders or board members.
  • Your organization needs ongoing training for directors and officers on Corporate Governance best practices.

Local Laws Overview

The legal landscape for Corporate Governance will vary based on jurisdiction, but key aspects commonly include:

  • Company Law: Sets out the basic structure, rights, and obligations of companies, directors, and shareholders.
  • Securities Regulation: Imposes disclosure and reporting obligations on public companies to protect investors and promote transparency.
  • Codes of Corporate Governance: Many countries have voluntary or mandatory codes outlining best practices on board composition, internal controls, and stakeholder engagement.
  • Fiduciary Duties: Directors and officers are subject to duties of loyalty, care, and good faith toward the company and its shareholders.
  • Audit and Risk Management: Certain organizations must have audit committees, risk management policies, and periodic external reviews.
  • Conflict of Interest Rules: Laws often require the disclosure and management of potential conflicts among directors and officers.
  • Anti-corruption and Bribery Laws: Compliance programs must address risks relating to corruption, fraud, and unethical practices.

It is important to consult with a local lawyer to understand specific regulations applicable to your business, as laws can differ significantly between jurisdictions and industries.

Frequently Asked Questions

What is Corporate Governance?

Corporate Governance is the framework of rules, relationships, systems, and processes within and by which authority is exercised and controlled in corporations.

Who is responsible for Corporate Governance in a company?

The board of directors is primarily responsible, working together with executive management in alignment with shareholders and other stakeholders.

What are the core principles of good Corporate Governance?

Transparency, accountability, fairness, and responsibility are fundamental principles of good Corporate Governance.

Why is Corporate Governance important?

Effective Corporate Governance builds trust, improves performance, manages risk, and helps ensure the company complies with laws and ethical standards.

What laws typically govern Corporate Governance?

Company or corporations acts, securities laws, and governance codes or principles published by regulators or industry bodies.

Do all companies need to follow Corporate Governance rules?

Public companies are usually subject to strict legal requirements. Private or smaller companies may have fewer legal obligations but are encouraged to follow best practices.

What are the roles of directors under Corporate Governance law?

Directors are responsible for overseeing management, setting strategic direction, ensuring legal compliance, managing conflicts of interest, and acting in the best interests of the company.

Can a company director be personally liable for governance failures?

Yes, directors can be held personally liable for breaches of fiduciary duties, failing to prevent fraud, or not complying with statutory obligations.

How often do Corporate Governance policies need to be reviewed?

It is standard to review policies annually or whenever there are major changes in law, business operations, or structure.

How can a lawyer help with Corporate Governance?

A lawyer can help interpret laws and regulations, draft corporate policies, advise on best practices, represent the company during investigations or litigation, and provide ongoing compliance support.

Additional Resources

Several bodies and organizations offer guidance, education, and support in Corporate Governance, including:

  • National Company Registrar or Corporate Affairs Commission
  • Securities and Exchange Commission or local securities regulators
  • Chambers of commerce and industry associations
  • Local bar associations and law societies
  • Institute of Directors and related professional governance groups
  • Government publications and helplines dedicated to corporate compliance
  • Academic institutions offering Corporate Governance training and resources

Next Steps

If you believe you need legal assistance regarding Corporate Governance, consider the following actions:

  • Assess your organization's current governance practices and identify any areas of concern or risk.
  • Document specific questions or issues you have encountered.
  • Research and list qualified local lawyers or law firms who specialize in Corporate Governance or corporate law.
  • Schedule a consultation to discuss your needs and obtain an overview of recommended next steps.
  • Prepare to share relevant company documents, such as bylaws, board meeting minutes, and corporate policies, with your lawyer.
  • Stay informed about changes in laws or regulations that may affect your company’s obligations.
  • Consider implementing regular governance reviews or training for directors and senior staff to maintain high governance standards.

Taking proactive steps with legal guidance will help safeguard your organization, ensure good governance, and foster sustained business success.

Lawzana helps you find the best lawyers and law firms through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate Governance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms, - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.