Five Mounts Properties' corporate governance framework ensures that its operations are conducted in a way that is consistent with the rule of law and clearly articulates the division of responsibilities among different supervisory, regulatory and enforcement authorities. In this regard the corporate governance framework protects and facilitates the exercise of stakeholders and shareholders rights. All shareholders have the opportunity to obtain effective redress for any violation of their rights. The corporate governance framework ensures that timely and accurate disclosure is made on all matters regarding the legal entity, including the financial situation, performance, ownership and overall governance.
The corporate governance framework ensures the strategic guidance of the company, the effective monitoring of management by the board, and the board's accountability to the company and the shareholders.
The business activities described in this website are managed by various entities owned (directly or indirectly) by the Balda and Vessna Foundations, of which Beny Steinmetz and his issue are members of the class of beneficiaries. Operationally this is generally known and referred to (in a non-legal manner) as "The Beny Steinmetz Group" or "BSG".