Led by its founder, Dr. Omar Daoud, LGC recognizes the ambiguities and ill implementation of corporate governance best practices prevailing in the developing markets. Corporate governance is not only a governance code declared to be adopted by an organization, but it is also its embodiment in the organization policies and procedures.
Risks of failures of governance practices are attributed to several significant issues: organization’s culture, community social norms and values, tone prevailing at the top, internal control systems, and effectiveness of the board of directors. Each of these issues is also directly related to corruption risks.
LGC value-added corporate governance services are centered on lowering and mitigating those risks of failures of implantation a corporate governance code. We work closely with the chairman of the board to ensure that a proper tone will be prevailing at the top.