Effective risk management has become a major issue for corporate boards. Companies now realize that although financial health and business continuity are still of great importance, they must be taken into account alongside practical business risks such as brand and reputation, business development, employment practices, product liability, health and safety, fraud, and intellectual property. , customer loyalty and supply chains. Problems in any of these areas can destroy the potential for value creation and revenue generation that matches expectations. In order to manage business risks, it is necessary to take into account when forming the company’s board of directors to provide clear supervisory controls over the risks.To provide transparent reports to influential parties affected by the company’s establishment and operations, while passive compliance with organizational rules and regulations is no longer an option