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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 .. 7 CIC Directors may be paid for their services.. 7 General company law rules in relation to director s remuneration .. 8 The community interest test, the asset lock & remuneration .. 9 Charitable trustees as directors of a subsidiary trading company.

as the chief executive or financial director, or reserved to the members. As a company ... decision. Alternatively, stakeholder groups can be given official standing under a company’s constitution (for example, by requiring that they are consulted before the ... In many organisations the setting up of user and advisory groups or a club committee

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