Corporate Governance
Corporate governance has increasingly become one of the critical factors in reinforcing the achievement of corporate goals for many corporations.
This could be linked to a growing recognition that the primary goal of the corporations should be creating long-term real value for customers and wealth for shareholders, while simultaneously contributing to social well-being and environmental sustainability.
Our well-established corporate governance system proves our strong commitment to maintaining internal and external accountability, as well as the highest standards of business ethics and conduct.
Arutba’s consistent approach to corporate governance is aimed at enhancing long-term profitability, following prudent risk management practices, as well as at creating long-term superior and sustainable shareholder value by aligning the interests of shareholder and professional staff. We are constantly improving our corporate governance structure in order to permanently ensure and promote integrity in all our actions. Effective governance is in the core of our corporate culture.
Our ultimate goal is to meet stakeholder expectations of sound corporate governance in line with Arutba’s broader corporate responsibility towards its customers, partners, and other stakeholders, as well as the communities and environment in which it operates.
Our key principles of corporate governance address the separation of ownership and management, and bringing in highly-qualified executive management team pursuant to strict internal compliance policies and supported fully by independent Boards of Directors. At Arutba, we all believe that effective corporate governance can be realized only through the strong professional leadership skills and qualities of our management team, and by the partnership with our devoted team members.
Arutba continually demonstrates high performance both operationally and financially. The company strongly promotes and fosters transparency which is also observed among all of its affiliates to demonstrate and remain committed to the highest level of transparency in their activities, relationships, and workplaces.