Legal Advocacy For Illinois Businesses
Corporate Governance
In recent years, corporate governance has become a big issue in the business world. Intricate governance laws are intended to protect the rights of various interest-holders of a company—including shareholders, financiers, suppliers, partners, customers, and managers. In short, these regulations are aimed at helping businesses maintain a standard level of integrity that benefits their stakeholders and the business community as a whole.
These laws set standards for reporting, accounting practices, and accountability of leaders within an organization—including officers, shareholders, managers, boards of directors, and auditors, among others. Compliance with these standards includes establishing practices relating to the internal organization and procedures of the board of directors, analysis of fiduciary duties, and implementing liability minimizing practices and strategies. Following corporate governance regulations is essential to protecting you and your business from the emotional and financial burden of litigation or regulatory investigations—as well as other pitfalls. The Castle Law Firm can provide you with experienced counsel in complying with these laws, as well as help resolve any existing disputes and/or issues you may be experiencing.