What is corporate governance?
It is the set of broader principles,processes by which a corporate is controlled and directed.
For further details Click here:I know More!!
Why is it important for listed companies to comply with this?
These companies are using public money so some regulatory mechanism should be in place to keep a check on them.
What are the principles of this clause?
1.Rights to shareholders.
2.Stakeholders role in corporate governance.
3.Disclosure and Transparency.
4.Responsibilities of the board.
5.Key functions of the board.
What is the composition of the board?
Atleast 50 percent of the board comprising of non-executive directors.
A director should not be on the boards of more than 7 listed companies.
A director is there for a term of 5 years.
It is the set of broader principles,processes by which a corporate is controlled and directed.
For further details Click here:I know More!!
Why is it important for listed companies to comply with this?
These companies are using public money so some regulatory mechanism should be in place to keep a check on them.
What are the principles of this clause?
1.Rights to shareholders.
2.Stakeholders role in corporate governance.
3.Disclosure and Transparency.
4.Responsibilities of the board.
5.Key functions of the board.
What is the composition of the board?
Atleast 50 percent of the board comprising of non-executive directors.
A director should not be on the boards of more than 7 listed companies.
A director is there for a term of 5 years.
No comments:
Post a Comment