What is Corporate Governance?
Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. Οn July 2020 the Greek Parliament passed the new law about the corporate governance (L. 4706/2020) which brought some critical changes in this area of practice. In particular, it stipulates an obligation for companies to establish a suitability policy for the members of their Board. The Law introduces the reinforcement of the role of independent non-executive members as well as the obligation for adequate gender representation of at least 25% of the Board members. Our years of experience in the field make us make us incomparable in handling any issue concerning the practices of corporate governance by providing appropriate legal advice and guidance.