Good corporate governance is vital for managing the affairs of a company. In this current climate, stakeholders are increasingly scrutinising their organisations’ policies, procedures,...
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Practice and protocols with regard to board meetings can differ considerably from one organisation to another. Yet it is important for all boards and their members to follow basic principles in...
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New rules of the courts have been issued in order to facilitate the operation of the Companies Act 2014 which entered into force on 1 June 2015. These rules have been published in the form of...
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An annual general meeting (AGM) is a meeting of members of a company at which the members can put questions to the directors and receive information pertaining to the company regarding its...
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Although there is no legal distinction between the powers, duties, responsibilities and liabilities of executive directors and non-executive directors, the two play different roles on a board of...
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Part 5 of the Companies Act 2014 (the “Act”) consolidates the duties and responsibilities of directors in one unified code for clarity and transparency. Under the Companies Acts 1963 – 2013 there...
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An audit committee can play a very important role in a company’s corporate governance policy. Any company in Ireland may set up an audit committee, however the Companies Acts do indicate that...
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In Ireland, companies and individuals who breach company law run the risk of criminal proceedings and court penalties; this fact has been illustrated broadly in the media through this years trial...
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Notwithstanding that the Companies Bill 2012, once enacted will introduce new legislation in terms of director requirements, all Irish companies are currently required to have a minimum of two...
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Corporate Social Responsibility (“CSR”) is becoming an increasingly important aspect of boardroom discussion. CSR as defined by the European Commission as:
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In Ireland, private companies are required to maintain a minute book and certain statutory registers. These records are usually kept at the company’s registered office address and the task of...
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Non-executive directors can be described as independent, objective and impartial persons who provide a “creative contribution” to the boardroom. Non-executive directors are expected to focus on...
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