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Corporate Governance Principles, 2003

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Summary

While some part of this report provides background comment on the Institute’s process that led to the Securities Commission’s review of corporate governance it also provides general comment on the recent United States reporting failures, including the market and government responses to those failures, and the New Zealand government and non-government factors that make up New Zealand’s corporate governance environment. 11. Part V outlines the Institute’s preferred approach to promoting corporate governance in New Zealand. This option follows closely that outlined by the Institute’s working group on corporate reporting. The working group produced the report “Improving Corporate reporting: A Shared Responsibility” for the Minister of Commerce in May this year.

Corporate Governance Principles, 2003
Issuer

New Zealand

Year

2003

Region

Oceania

Issuer (type)

Institute of Chartered Accountants of New Zealand (Government)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Public administration
  • Agriculture, Forestry, Fishing & Hunting
  • Retail trade
Restrictiveness

Very Low

Sustainable Development Goals (SDGs)
  • SDG 2: Zero Hunger
  • SDG 11: Sustainable Cities and Communities
  • SDG 16: Peace, Justice, and Strong Institutions

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