Enumerations Flashcards
The importance of board member responsibilities of ligations and rewards are emphasized and include arrangements for
Determining membership of the board
accountability of board members
delegation of authority from the board remuneration of board members
The responsibilities of board members must be fulfilled in five important areas
Strategic thinking planning and implementation
corporate social responsibility
effective management of risk
audit and risk assurance full and accurate disclosure
Nolan principles of public life
Selflessness, integrity, objectivity, accountability, openness, honesty, leadership
Holders of public office should act solely in terms of the public interest and should not seek benefits for themselves their family or friends
Selflessness
Holders of public office should not place themselves under any financial or other obligation to outside individuals or organizations
Integrity
In carrying out public business the holders of public office should make choice of merit
Objectivity
Holders of public office are accountable for their decisions and actions to the public and must submit themselves to appropriate scrutiny
Accountability
Holders of public office should be as open as possible about all decisions and actions that they take and give reasons for their decisions
Openness
Holders of public office have a duty to declare any private interest relating to their public duties and to take steps to resolve any conflict
Honesty
Holders of public office should promote and support this principles by leadership and example
Leadership
Data for shareholders
General
financial data
corporate governance and csr
shareholder information relevant news
The types of risk associated with the basel ll definition include the followin
Internal fraud including misappropriation of assets tax evasion and bribery
External fraud including theft hacking and forgery
Employment practices and workplace safety
Clients projects and business practices
Damage to physical assets
Business interruption and system failures
Execution delivery and process management
Reports on corporate governance standards
Risk management committee
audit committee disclosures committee nominations committee remuneration committee
Oecd principles of corporate governance
Effective corporate governance framework
Rights and equitable treatment of shareholders
Institutional investments stock markets and other intermediaries
Roles of stakeholders in corporate governance
Disclosure and transparency
Responsibility of the board
Promote transparent and fair markets efficient allocation of resources
Effective corporate governance framework
Protect and facilitate the exercise of shareholders rights and ensure equitable treatment of all shareholders including minority and foreign shareholders
Rights and equitable treatment of shareholders
Sound incentives throughout the investment chain and provide the stock markets
Institutional investors stock markets and other intermediaries
Recognize the rights of stakeholders established by law or throughout mutual agreements
Roles of stakeholders in corporate governance
Timely and accurate disclosure is made on all material matters including the financial situation performance ownership and governance of the company
Disclosure and transparency
Strategic guidance of the company the effective monitoring of management by the board
Responsibilities of the board
Canada post corporation uses eight major grouping to evaluate the control of the environment
Leadership
planning
customer focus
people focus
process management partnership business performance
continuous improvement
External agencies
Membership and structure
purpose and intent involvement and accountability
monitoring and review performance and impact
