Being a listed public company comes with manifold compliance requirements and governance obligations. Appointing a skilled corporate secretary services provider offers immense value for listed companies seeking to meet their extensive regulatory responsibilities and build stakeholder trust. Here are some of the key ways competent corporate secretary services add value:
Regulatory Expertise
Listed companies must comply with exchange listing rules, securities regulations, and company law which corporate secretary services providers specialize in. Their expertise across compliance areas helps listed companies fulfill all obligations and steer clear of penalties.
Disclosure Guidance
Corporate secretary services guide management on mandated disclosures in financial reports, stock exchange filings, press releases and communications. This ensures transparency and prevents incorrect disclosures that can attract penalties.
Investor Relations
Corporate secretary services help implement robust investor relations programmes through analyst calls, presentations, media interactions and annual general meetings. They guide management on building productive investor relationships.
Reputation Management
By helping implement high standards of compliance, governance, ethics and transparency, corporate secretarial services singapore enable listed companies to build a reputation of professionalism and reliability in the market.
Risk Mitigation
Corporate secretary services identify risks across compliance, disclosures, conflicts of interest, related party transactions, insider trading and governance gaps. They recommend risk mitigation measures.
Board Effectiveness
Corporate secretary services arrange board inductions, evaluate trainings needed, provide legal updates, advise on best practices, and ensure board diversity - enhancing effectiveness.
Crisis Handling
When faced with crises like lawsuits, regulatory probes, or governance scandals, corporate secretary services guide management on suitable response strategies leveraging their experience.
Corporate Actions
Actions like fund raising require compliance with listing rules. Corporate secretary services ensure all requisite approvals, procedures and disclosures are undertaken, facilitating smooth completion.
Audit Management
Corporate secretary services assist during audit by liaising with auditors, providing required documents, clarifying queries, and ensuring all compliance areas are covered.
Succession Planning
Corporate secretary services assist the nomination committee on succession planning for the board and senior management based on skills analysis, diversity goals, and identifying suitable candidates.
In summary, competent corporate secretary services enable listed companies to efficiently manage their extensive compliance, governance and stakeholder communication responsibilities. Their expertise and advisory role provide immense value in enhancing processes, mitigating risks, managing crises and building reputation.
