Presented by:
Alfesany Ahmed
Complience Manager
Pret A Manger Ltd.
Birmingham, UK
Contents
Introduction
Corporate Governance
The importance of responsible Corporate governance
The regulatory requirements that shapes the effective corporate governance in regulated company
The impact of regulatory requirements on pret A manger stakeholders interests
Conclusion
Reference
Pret a Manger was opened in Hampsted, London, UK in 1984 by Jeffrey Hyman.
The Pret A Manger is UK based international fast food chain organization which operates its business worldwide mostly in the UK, the USA, Hong Kong and in France.
This is considered as one of the mainly huge fast food provider in the planet.
The food is free from chemicals which organization makes handmade foods, stabilizer and preservatives.
Revenue of £17.32 million, return on sales of £3.1 million and 16% supply chain increased.
Corporate Governance
The framework of rules and practices by which a board of directors ensures accountability, fairness, and transparency in a company's relationship with its all stakeholders (financiers, customers, management, employees, government, and the community).
Corporate governance has also been defined as "a system of law and sound approaches by which corporations are directed and controlled focusing on the internal and external corporate structures with the intention of monitoring the actions of management and directors and thereby, mitigating agency risks which may stem from the misdeeds of corporate officers. [Sifuna, Pacy (2012)]
It is a method of governing the organization similar to a ruler state, instating its personal customs, policies and laws to its employees from the highest to the lowest levels.
Corporate governance Refers to the internal and external factors which defined by the officers, stakeholders or institutions of organization.
The Importance of responsible