Corporate governance and institutional and governmental relations

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Regardless of the performance, the practices adopted in the corporate governance system provide companies with increased profitability and efficiency, control over business activities and provide sustainable growth.


For the area of ​​Institutional and Government Relations (IGR), corporate governance is mandatory. According to the survey “The professional who performs Government Relations activities: A look at his/her own performance ”, promoted by the Institute of Government Relations (IRelgov) in 2017, carried out with more than 150 IGR professionals, corporate governance is at the top of the characteristics of the organizational culture that favor its performance, with 66.87%.


This is because the area requires building bridges of trust georgia mobile database with government agents, where transparency is a crucial element for action. It is necessary to consider the need to communicate actions and proposals and provide professionals with information, so that it is possible to exert pressure and operate through the power of influence.


Furthermore, the activity is constantly geared towards accountability, whether to perform the role before government actors or society in general. It is essential to hone the aspect of trust and this is only possible with transparent actions.


More than that, corporate governance, in institutional and governmental relations, also acts on risk management — political or regulatory . Being in compliance, in this case, allows for the construction of greater credibility, as well as having more control and calculating strategic risks for mobilization and the consequent success of lobbying .


The challenges of corporate governance today
The novel coronavirus pandemic has impacted global societies and has become the biggest crisis Brazil has ever experienced. The effects experienced in all Brazilian economic sectors indicate the worsening of political, health and humanitarian crises.


In times like these, corporate governance is highly necessary. Companies with solid policies tend to be more credible and better able to weather crises. To achieve this, however, it is important for organizations to create crisis management committees, which will discuss all the measures necessary to ensure the implementation of the governance pillars, which will be responsible for enabling sustainable coping.