Corporate Governance
Valad places a high level of importance on the need to establish and maintain comprehensive corporate governance policies and practices which address the requirements of the market regulator, security holders and all stakeholders who deal with Valad.
The principles below provide an overview of Valad’s main corporate governance practices and compare these against the ASX Corporate Governance Council Principles of Good Corporate Governance and Best Practice Recommendations with respect to corporate governance.
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- Principle 1: Lay solid foundation for management and oversight
- Principle 2: Structure the Board to add value
- Principle 3: Promote ethical and responsible decision making
- Principle 4: Safeguard Integrity in financial reporting
- Principle 5: Make timely and balanced disclosure
- Principle 6: Respect the rights of security holders
- Principle 7: Recognising and managing risks
- Principle 8: Remunerate fairly and responsibly
- Privacy