Corporate Governance is considered the cornerstone of a modern industrial concern and represents the expression of a shift in sensibilities among lawmakers regarding the relationship between ethics and business; this concept encompasses everything that 'governs' the activities of a business to ensure the attainment of its corporate goals.
Corporate Governance is defined as the system intended to ensure the integrity of the company and, therefore, safeguard the process creating value for shareholders and stakeholders in general (investors, employees, suppliers, clients, banks, the community etc.), ensuring information transparency, managerial accountability, efficacy and efficiency. For Isagro, it stands for the “set of rules and procedures that govern decision-making processes and those adopted to control and monitor the activities of the business”.
In practice, in a company that adopts these principles, there are internal governance bodies and instruments in place serving to spread the corporate culture among its employees and to avoid risks in corporate decision making. These instruments include the Code of Ethics, the Organization, Management and Control Model, which guide and direct corporate activities and define the roles of governance bodies, including that of the Board of Directors.