Chapter 9: Corporate governance
Office of the Regulator of Community Interest Companies: Information and guidance notes Chapter 9: Corporate governance MAY 2016 Chapter 9 2 Contents Role of Directors and Members ........................................ ........................................ ............ 3 Corporate governance Overview ........................................ ........................................ ...... 3 The role of the Director ........................................ ........................................ ...................... 3 Members ........................................ ........................................ ........................................ ... 4 Relationship with other stakeholders ........................................ ........................................ ... 6 Directors 7 Key points.
practice, this will mean having regard to the interests of the community the CIC is intended to serve, and in some cases giving more weight to those interests than to generating financial returns for investors in the company. In most companies the day to day management of the company is in the hands of the
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