sport club corinthians paulista

44
sport club
corinthians paulista
sPeaking oPenly
with the fans
over the course of four years, the current
board of directors has proMoted chanGes in
the ManaGeMent of the club by focusinG on
transparency, efficiency, and deMocratization
Upon taking office in October 2007,
the current Board committed itself to
efficient and transparent management,
with permanent accountability – the
financial statements are available on
the Internet – and involvement of the
members in the daily activities of the Club.
In order to fulfill this mission, profound
administrative change was instituted and
new governance rules were put in place.
Corinthians's statute was reformulated
and has been in effect since September
2008, ensuring Club members the right to
vote directly for president and establishing
a three-year term with no right to
reelection, among other modernization
measures. The changes made to the
statute, one of the most modern and
democratic in the world, marked a
milestone in the history of the Club.
The document provided a legal basis for
strengthening the process of professionalizing
management, making it more transparent
and efficient. In this period, important results
were achieved, and past errors corrected.
Another significant aspect of the current
governance model at Corinthians is the fact
that the Board and executive committees are
formed of independent, non-remunerated
members. Management is divided into five
levels, which are structured according to
the parameters set forth in the Club’s Social
Powers (see box on page 51).
The statute promotes permanent
accountability and the involvement of fans
with the team and the Club. These values
are also enshrined in the seven pillars
established by the current Board since the
start of its term in 2007 (read more in the
Strategy chapter). These intentions led to the
creation in 2009 of a Cultural Management
Department, with the aim of gathering the
memorable facts of the Club’s 100-year
history and promoting events relevant to
Club members and non-members alike.
ManageMent //
The Deliberative Council consists of both
life members and members elected for threeyear
terms. The Council is in charge of electing
the effective members and their stand-ins
for the Orientation Council (CORI), for the
Fiscal Council, for the Ethics and Discipline
Committee and the permanent councilors, in
addition to voting on the annual budget.
Consisting of ten members, the
Orientation Council has the following
responsibilities, among others: assisting
the president and supervising the
administration; approving and issuing the
Internal Rules and Regulations, with the right
to review their texts in the first quarter of
the year; issuing opinions to the Deliberative
Council on the Board’s report on the budget
and supplementary funds for each fiscal
year; authorizing the Chairman of the Board–
ad referendum of the Deliberative Council
– to sign contracts; examining monthly trial
balances and recommending any measures
for organizing them more efficiently.
The main duties of the Fiscal Council's
three effective members and their stand-
AS PART OF ThE
CLUB’S TRANSPARENT
MANAgEMENT,
CORiNThiANS hAS
PUBLiShED
iTS SUSTAiNABiLiTY
REPORT SiNCE 2009.
iN 2010, ThE REPORT
wAS A FiNALiST FOR ThE
ABRASCA AwARD, BEiNg
NOMiNATED FOR BEST
ANNUAL REPORT
sustainability
report 2011 45