PSOJ MSME Corp Gov Code Final February 4 2016

In many countries the attention on global governance surged at the time of the international financial crisis in 1997.  Between 1996-1999, Jamaica experienced its own crisis with a colossal downfall of the Financial Sector, which raised concerns of reporting relationships and accountability of management and Directors to stakeholders.

In light of such concerns, the PSOJ established the Corporate Governance Committee with a mission to become the key influencer in the delivery and adoption of corporate governance best business practices by providing access to knowledge and learning resources for our members and leaders of business enterprises so they can effectively compete in the global market.

The strategic objectives are:

i)To develop and establish corporate governance guidelines that will facilitate implementation of best practices through a Code on Corporate Governance.

ii) To conduct director training programmes

iii) To promote awareness of corporate governance principles and the impact that well implemented principles can have on investor confidence.

iv) To provide continuing public education and awareness of corporate governance best practices.

v) To make corporate governance knowledge resources accessible to relevant stakeholder groups.

vi) To collaborate on a continuing basis with other associations and agencies locally and regionally on corporate governance issues.

vii) To influence and comment upon any corporate governance policy issues and assess their impact on the business environment.

MEMBERSHIP                      

1. Awards Sub-Committee
2. Code Revision Sub Committee

Persons in Attendance:          As invited by the Chairman