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Sun 15 Sep 2019 09:31 AM

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Pearl Initiative launches digital platform to help SMEs with corporate governance

The Corporate Governance Fundamentals platform features 16 toolkits and templates, 11 graphic guides and 11 educational videos

Pearl Initiative launches digital platform to help SMEs with corporate governance
Founded in 2010, the Pearl Initiative is a Gulf business-led organisation that promotes a corporate culture of accountability and transparency as a driver of competitiveness and sustainable economic growth.

The Pearl Initiative, a business-led non-profit organisation promoting corporate accountability in the Gulf’s private sector, has launched a digital platform designed to help micro, small and medium-sized enterprises (MSMEs) build and improve corporate governance practices.

The Corporate Governance Fundamentals platform features 16 toolkits and templates, 11 graphic guides and 11 educational videos which provide information meant to help businesses customise corporate practices to help attract funding, establish strong market credibility and increase profitability.

“The Corporate Governance Fundamentals platform is a significant step forward in our efforts to not just raise awareness of the need for corporate governance in MSMEs, but to make it understandable and easily accessible for them,” said Yasmine Omari, executive director of the Pearl Initiative.

“The Pearl Initiative is delighted to offer bespoke tools and information to the Gulf region’s MSME sector, free of charge, guiding them in successfully adopting the right governance practices based on their needs,” she added.

The platform was announced at a roundtable event which brought together a number of corporate and government entities and MSMEs.

At the event, Sheikh Fahim Al Qasimi, chairman of the Sharjah Department of Government Relations and a partner at AQ&P, said that the implementation of good corporate governance “is as much about function as it is structure”.

“Changing how an organisation’s corporate culture functions takes time, so we work with our clients on introducing a staged approach to corporate culture, whether a start-up or growing industry leader,” he added.

Founded in 2010, the Pearl Initiative is a Gulf business-led organisation that promotes a corporate culture of accountability and transparency as a driver of competitiveness and sustainable economic growth.