Compliance with corporate governance requirements in the capital market increased despite the war.
The stock exchange organization has set itself the goal of increasing the number of "clean reports".
The Deputy Supervisor of the Stock Exchanges and Publishers of the Securities Organization, who spoke at the National Corporate Governance Conference in the form of a special panel on accountability, corruption and corporate governance in Iran, emphasized that corporate governance is no longer a choice in today's competitive environment, and announced the improvement of indicators for meeting the requirements of the corporate capital market. Referring to the necessity of strengthening internal control and the importance of the risk committee in companies, Hamid Yari announced: The stock exchange organization's plan is to amend the corporate governance guidelines in order to improve the quality of governance and public trust in the capital market.
Hamid Yari, Deputy Supervisor of the Stock Exchanges and Publishers of the Securities Organization, at the National Corporate Governance Conference held on Tuesday evening, November 10, 1405 at the Iran Chamber, said: The Securities Organization has always paid special attention to the issue of corporate governance due to the special status of financial institutions. This has caused important reforms in this area in recent years.
The Deputy Supervisor of the Stock Exchanges and Publishers of the Securities Organization emphasized that corporate governance is no longer a choice, he said: In today's competitive world, corporate governance has become a necessity that economic enterprises must take into account in the structure of their activities.
Adoption of corporate governance beyond the capital market.
Yari explained: With the efforts made in the capital market, the importance of complying with corporate governance rules is no longer limited to companies admitted to the stock exchange, since in recent years corporate governance has been considered one of the most important criteria in non-stock companies.
The deputy supervisor of the stock exchanges and publishers of the Securities Organization added: Since the corporate governance guidelines were announced, we have seen that private companies have also tried to meet some of the most important requirements in this area based on the same guidelines. Among the things we can mention the composition of the board of directors, the establishment of special committees, an appointment committee, an audit committee and other related requirements.