New Zealand:
Handy corporate governance comparison table updated
08 September 2017
Chapman Tripp
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Chapman Tripp and the Institute of Directors
(IoD) have updated the
governance code comparison table we produced last year to
reflect the recent rewrite of the NZX Corporate Governance
Code.
We intend this as a tool to help directors, managers and
investors identify the key similarities and differences between the
codes produced by the NZX, the IOD, the Financial Markets
Authority, the New Zealand Corporate Governance Forum and ASX (as
an external comparator).
As noted in the introduction to the table, good governance
practice expects reporting that goes beyond "tick box
compliance". As such, directors should carefully consider
which aspects of the five codes outlined are most relevant to their
organisation, rather than viewing the table as a comprehensive
checklist of requirements that must be met in its entirety to
achieve good governance practice.
The information in this article is for informative purposes
only and should not be relied on as legal advice. Please contact
Chapman Tripp for advice tailored to your situation.
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