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Corporate Governance
Organsiation Consultation
Report
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China Mobile Ltd
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Daimler AG
Samsung Electronics Co. Ltd
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Qantas Limited
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World Vision Australia
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TA B L E O F C O N T E N T S
1 . E X E C U T I V E S U M M A RY
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Include an executive summary of no more than 250 words.
2 . C O R P O R AT E G O V E R N A N C E
ASSESSMENT MODEL
Rationale
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1.Ensure there is no imbalance of power that can be exerted upon the firm that is not in the interests of stakeholders. Also diminishes the chance of fraudulent activity.
2.To ensure the company performance is enhanced through effective strategies and policy making as well as ensuring company is compliant with regulatory bodies.
3.To ensure there is independent and quality decision making to benefit all stakeholders and effective monitoring of management.
4.To ensure the Board adds value through its members whether that is through effective strategic planning and/or ability to understand and make financial decisions to better represent stakeholders. Also ensuring its members are well-qualified and experienced to ensure quality in decision making.
5.To ensure the nomination of directors is independent and justified on the basis of abilities and skills to enhance firm performance for shareholders and not individual interests.
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Governance Factors & Measures
(1) Structure & Integrity of the Board
1. Is the Chairperson an independent and nonexecutive director? I.e. Chairperson is also not the CEO of the firm?
2. Do the directors effectively fulfil both performance and conformance roles? Does the board actively manage and oversee its management to ensure stakeholders interests? 3. Board composition consists of a majority of independent directors?
4. Does the board comprise directors who