Corporate Governence

There has been renewed interest in the Corporate Governance practices of modern corporations, particularly in relation to accountability, especially since the high-profile collapses of a number of large corporations during 2001–2002, most of which involved accounting fraud; and then again after the financial crisis in 2008.

Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. It is essentially implemented as a mechanism for monitoring the actions, policies, and decisions of Company and involves the alignment of interests among the stakeholders.

At MM Infosystems our system of structures, rights, duties, and obligations is meticulously designed to help us practice Corporate Governance to the core.The Governance structure in MM Infosystems specifies the distribution of rights and responsibilities among different participants in the Company (such as the Board of Directors, Managers, Shareholders, Creditors, Auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs.