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ICGN Global Corporate Governance Principles : Revised ( 2009). Barros García, Bárbara Fernández Oraá, Ana Iglesias Fernández, Laura Junquera Belzunce , Coro. PREAMBLE.
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ICGN Global CorporateGovernancePrinciples: Revised (2009) Barros García, Bárbara Fernández Oraá, Ana Iglesias Fernández, Laura Junquera Belzunce, Coro
PREAMBLE TheInternational CorporateGovernance Network is a global membershiporganisationwhichmissionistoraisestandards of corporategovernanceworldwide. AIMS:
PRINCIPLES (I) • CORPORATE OBJECTIVE: ensurelong-termviability and managerelationshipswithstakeholders. • CORPORATE BOARDS: independentleadership. • CORPORATE CULTURE: cultivate and sustainanethicalcorporate culture (employees’ responsibilityforappropriatebehaviour) in thecompany. • RISK MANAGEMENT: ensurethatthecompanyimplemetsaneffectiveprocesstoidentifyrisks and measurethepotentialoutcomes. • REMUNERATION: board’spoliciesonremuneration.
PRINCIPLES (II) • AUDIT: representation of thefinancial position and performance of thecompany. • DISCLOSURE AND TRANSPARENCY: open communicationaboutaims, achievements, relationships… • SHAREHOLDERS RIGHTS: righttoparticipate in keycorporategovernancedecisions. • SHAREHOLDERS RESPONSIBILITIES: generatelong-termvalue.
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