NZX best practice code recommends boards adopt code of ethics, spell out remuneration

Tue, 30 Aug 2016

By Jonathan Underhill Aug. 31 (BusinessDesk) - NZX, the sharemarket operator, is seeking feedback on proposed changes to its corporate governance best practice code including a published code of ethics, rules about share trading and continuous disclosure, and more transparency over board appointments and chief executive pay. NZX got 45 submissions on the first stage of its NZX Code review, the first since 2003, after putting out a discussion document last November. NZX also interviewed 15 small-to-medium sized issuers to ensure feedback i...

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