Good practices in Corporate Governance provide economic and legal security, promoting the sustainable growth of companies.
Corporate Governance is not only aimed at large companies listed on stock exchanges, since its objective is to establish the best corporate practices that contribute to improving the integration and functioning of the Board of Directors, as well as its committees.
These practices are applicable to all types of companies, whether public or private, regardless of their size, activity or shareholder composition.
It is for this reason that the correct evaluation of the Board will allow to obtain accurate information of the work done during a determined period of time, from the point of view of the responsibilities of the Board and the committees, to know the performance of the board members and propose their ratification in their position or replacement.
This exercise also helps in the development of government bodies and board members, since it identifies their strengths and areas of improvement.