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Corporate Governance AltX – is it different?. Noah Greenhill. AltX. Established 2003 75 companies listed R10bn market capitalisation 3 key quality controls Designated Advisor AltX Advisory Committee Directors Induction Programme Ongoing obligations. The Stakeholders. The Board
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Corporate Governance AltX – is it different? Noah Greenhill
AltX • Established 2003 • 75 companies listed • R10bn market capitalisation • 3 key quality controls • Designated Advisor • AltX Advisory Committee • Directors Induction Programme • Ongoing obligations
The Stakeholders • The Board • Management • Shareholders • Regulators • Environment • Service providers
The evidence • Listing requirements • Companies Act • King III • Board charters and committees • Chairman • Directors • Executive • Non-executive • Independent non-executive • Processes • Visuals – AFS and other documents • “Substance over form”
Some more evidence • 9 had Executive chairman • 24 had no remuneration committee • Reports • Management report • Year on year analysis • Annual Financial Statements • Corporate Governance and Sustainability review
Conclusion • Makes a difference • Attitude • Adds to the quality • Company • Investor • Other stakeholders