CORPORATE GOVERNANCE
Growth through Governance
Lovedale is in the forefront of implementation of Corporate Governance best practices.
Corporate Governance at Lovedale is based on the following main principles:
- Constitution of a Board of Directors of appropriate composition, size, varied expertise and commitment to discharge its responsibilities and duties.
- Ensuring timely flow of information to the Board and its Committees to enable them to discharge their functions effectively.
- Independent verification and safeguarding integrity of the Company’s financial reporting.
- A sound system of risk management and internal control.
- Timely and balanced disclosure of all material information concerning the Company to all stake holders
- Transparency and accountability.
- Compliance with all the applicable rules and statuatory regulations.
- Fair and equitable treatment of all its stakeholders including employees, donors, child sponsors ,grant agencies and investors