We at MM Infosystems practice Corporate Governance to the core by implementing the system of structures, rights, duties, and obligations by which MM Infosystems is directed and controlled.
There has been renewed interest in the Corporate Governance practices of modern corporations, particularly in relation to accountability, 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 recent financial crisis in 2008.
Corporate Governance provides the structure through which corporations set and pursue their objectives, while reflecting the context of the social, regulatory and market environment. Governance is implemented as a mechanism for monitoring the actions, policies and decisions of Company and involves the alignment of interests among the stakeholders.
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.