Corporate governance by cabrera pdf

QU BSfffSEC Code of Corporate Governance, Continued 79 Recommendation 12

1 The Company should have an adequate and effective internal control system and an enterprise risk management framework in the conduct of its business, taking into account its size, risk profile and complexity of operations

Material risk factors and measures taken to manage such risks are one example of such information specifically mentioned in the Guidelines (see Box 1

The Annotations to the OECD Guidelines on Corporate Governance of State-Owned Enterprises explicitly highlight risk governance issues for SOEs