Australia – Australian Stock Exchange (ASX)

Corporate Governance Principles and Recommendations – 4th Ed – 2019.

Covering:

Foreword …

About the Council …

What is “corporate governance”? …

The purpose of the Principles and Recommendations …

The basis of the Principles and Recommendations – the “if not, why not” approach …

The application of the Principles and Recommendations …

The structure of the Principles and Recommendations …

The linkage with the ASX’s listing rules …

Where to make corporate governance disclosures …

How to approach corporate governance disclosures …

Disclosing the fact that a recommendation is followed …

Disclosing the reasons for not following a recommendation …

Effective date …

Acknowledgements …

Principle 1 / Lat solid foundations for management and oversight …

Principle 2 / Structure the board to be effective and add value …

Principle 3 / Instil a culture of acting lawfully, ethically and responsibly …

Principle 4 / Safeguard the integrity of corporate reports …

Principle 5 / Make timely and balanced disclosure …

Principle 6 / Respect the rights of security holders …

Principle 7 / Recognise and manage risk …

Principle 8 / Remunerate fairly and responsibly …

Additional recommendations that only apply in certain cases …

The application of the recommendations to externally managed entities …

Glossary …