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Bell Gully’s submission to Securities Commission’s consultation on corporate governance principles
In the wake of Enron, corporate governance has been a hot topic throughout
the corporate world - and New Zealand is no exception.
In September, the Securities Commission launched a national consultation process to establish consensus around a set of principles for corporate governance in New Zealand.
As part of this process, Bell Gully’s corporate team prepared a detailed submission and letter for the Commission on the nine key issues identified for consultation:
- Ethical
conduct
- Board
composition and performance
- Board
committees
- Reporting
and disclosure
- Remuneration
- Risk
management
- Auditors
- Shareholder
relations
- Stakeholder interests
Submissions closed in November and the Commission expects to report its findings to the Minister of Commerce in December.
Disclaimer
This publication is necessarily brief and general in nature. You should seek professional advice before taking any action in relation to the matters dealt with in this publication.
