
Originally Posted by
carla guaraldi
" and shall develop systems as described below to ensure the properness of operations of the company and to raise the quality of corporate governance."
It's a word that has been made up. What the writer wants to say is "to ensure the correctness of the company's operations"
And there is something else I was not able to understand could you help?
" And shall clearly designate divisions having authority for the management of business operations of subsidiary companies and education in FURTHERANCE THEREOF; The company shall also establish procedures for determining matters of importance affecting subsidiary companies."
Do you know the meaning of furtherance thereof??? It means the advancement of a previous mentioned scheme/plan.
This sentence is a pretentious way of saying "Divisions within the company shall have authority to manage the business operations in subsidiary companies, and be educated in how to achieve this aim".
Thankks a lot
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