Corporate Governance Services

Good corporate governance is one of the most over-looked value markers for companies. In addition to management culpability resulting from failure to impose state-mandated (or common sense) governance policies, prospective buyers may materially devalue a company for failure to take simple maintain a structure in good order.

What is corporate governance? Corporate governance is simply maintaining good order within the company. Corporate governance goes beyond state registrations. Good order and good corporate governance can be achieved by:

• Compiling regulatory and corporate compliance programs and institute regular training programs;
• designing and maintaining shareholder capitalization tables using third-party software;
• implementing a contract management software to keep management aware of contract obligations, renewals, and expirations;
• frequently communicating with shareholders and offering voting opportunities for matters mandated by the state or mandated by articles of incorporation or shareholder/member agreements;
• establishing policies and procedures for employee behavior and compliance with state and federal regulations;
• establishing a board of directors/managers and ensuring frequent meetings properly documented with resolutions issued on pertinent or state-mandated matters; and
• establishing advisory boards to brief the Board of Directors on pertinent matters;
• establishing technology advisory committees to analyze new development projects and submitting to management for review and authorization.

Failure to adopt good corporate governance can also result in shareholder litigation and loss of business opportunities in certain jurisdictions. Corporate Governance Services offered by the Law Office of Michael F. Rozmajzl, Esq., P.C. can help structure compliance programs and compile governance materials to help reduce the risk of litigation, improve business valuation, and preserve over-all good order.

The blue. Business & Law service model matches clients with trusted third-party professional service companies that remotely maintain shareholder register and capitalization charts, shareholder certificates and equity statements, and shareholder communications. This service also includes periodic certification of capitalization chart and shareholder register including the review of subscription documents to ensure proper tax IDs, addresses, and holder names.