This assignment focuses on Board committees of SISCO company. There is also a description of Committees formations and responsibilities. So, conclude with the potential improvement in reference to the international standards of corporate governance.

Board committees of SISCO company-Committees formations and responsibilities

Talk about the board committees of SISCO company (https://www.tadawul.com.sa/Resources/fsPdf/399_2019-03-31_14-30-22_Eng.pdf) and its compliance with The Saudi corporate Governance Regulation (https://cma.org.sa/en/RulesRegulations/Regulations/Documents/CGRegulations_en.pdf) regarding the Committees formations and responsibilities and conclude with the potential improvement in reference to the international standards of corporate governance. Generally, a committee is a small group of people formed with the intention of making decisions about issues or taking action on tasks. A club’s main committee will be the management team.

Committees formations and responsibilities

Your club may also have a number of different sub-committees who are in charge of specific events like fundraisers or tournaments, health and safety, day-to-day management, fundraising etc. A sub-committee is usually answerable to the overall management of the organisation.

Board committees of SISCO company-Committees formations and responsibilities

Any meeting will need someone to be in charge or ‘chair’ it and another person to write down the minutes.  (The written record of a meetinCommittee members have set roles and jobs to completeg). The minutes often give an overview of the structure of the meeting, starting with a list of those present, a list of the various issues discussed, and any responses/decisions that made. Informal meetings should still  managed, but they also encourage

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