An effective framework of corporate governance is the aim of majority of the organizations. The framework is expected to meet the circumstantial and individual needs of the organization. The framework will help the organization to transform itself into an organization with enhanced performance while providing aid of conformance for the various organizational requirements.
MPA started as a small firm that had its focus on farm-focused operations. The business of the firm has matured into a complete fish farming process firm ranging from brood-stock through to sales. There exists an active communication between all stages of the process for ensuring production planning that is closely tied with the effective and informed understanding about the market of Barramundi. The company is making use of its eight years of experience from various aspects of business.
Corporate governance is a term within which organizational relationships, working systems, rules and procedures and policies are described in an ethical manner while exercising and maintaining the authority within the organization. There are various factors shaping the corporate governance in an organization, such as the internal factors, like the policies of the organization, and external factors like the expectations of the community and organizational regulations, etc. The corporate governance environment of an organization is highly influenced by the role played by the board of directors.