NZX wants best practice in the boardroom with new governance code

Wed, 10 May 2017

By Paul McBeth May 10 (BusinessDesk) - NZX says it wants international best practice in the boardrooms of publicly listed companies with the release of a new corporate governance code set to come into effect from October. In the first substantial overhaul of governance rules since 2003, the Wellington-based stock market operator today released the code spanning eight principals that are meant to protect the interests of and build long-term value for shareholders, NZX said in a statement. Those principles encompass ethics, board make-up,...

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