Korea Institute of Startup and Entrepreneurship Development (KISED) said on the 9th that it held the “KISED internal control practice declaration ceremony” at its Sejong headquarters on the 6th.
The declaration was prepared to proactively manage potential risk factors across institutional management and to establish a transparent and accountable organizational culture, as social demands for ethics and responsible management at public institutions grow.
Korea Institute of Startup and Entrepreneurship Development (KISED) set as its core goal raising fairness in startup support operations through the establishment and operation of a responsible internal control system. In particular, with the head of the institution at the center, all employees agreed to recognize the importance of internal control and to put it into practice starting from day-to-day work sites.
The declaration released that day included: ▲ establishing an internal control system and firming up the will to practice it ▲ strengthening enterprise-wide risk management ▲ internalizing an internal control culture through voluntary participation by employees ▲ enhancing institutional credibility through continuous improvement and feedback.
Yu Jong-pil, head of Korea Institute of Startup and Entrepreneurship Development (KISED), said, “Taking this declaration as an opportunity, we will establish an effective internal control system and carry it out thoroughly to be reborn as a public institution more trusted by the public.”
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