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, participants and any one who deals with the Group.
The principles below provides an overview of the main corporate governance practices adhered to by the Group and compares these objectives against the ASX Corporate Council recommendations with respect to Corporate Governance.
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- Principle 1: Lay Solid Foundation for Management and Oversight
- Principle 2: Structure 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 Securityholders
- Principle 7: Recognising and Managing Risks
- Principle 8: Encourage Enhanced Performance
- Principle 9: Remunerate Fairly and Responsibly
- Principle 10: Recognise the Legitimate Interests of Stakeholders
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- Complaints Handling