This document is a practical guide to establish good governance for shareholder foundations. Indeed, governance is a key element in ensuring effective and efficient management of the shareholder foundation. To achieve this, it is important to understand the major steps to be taken to establish good governance, as well as the governance rules for structures typically used in setting up a shareholder foundation.
However, it is not enough just to understand the governance rules. It is also important to emphasize the importance of formalizing corporate governance to determine a clear vision, long-term objectives, and strategies for the shareholder foundation. In addition, it is essential to choose between a passive or active governance posture, depending on the needs of the shareholder foundation.