Early Stage Governance
An effective lever for the development of startups
For many entrepreneurs the initial incentive to have an early stage governance framework is gaining access to finance.
Investors analyze governance practices of companies to evaluate their risk exposure and to determine the value of the company. However, the upside of good governance goes well beyond access to finance. Much research has shown that it improves business performance and sustainability of companies.
In practice most SMEs experience governance challenges in effectiveness of decision making, strategic oversight, internal controls, policies, stakeholder engagement and efficient risk oversight.