In recent days, the Stock Exchange of Hong Kong has begun to accept listing applications from innovative and high growth issuers that have Weighted Voting Rights "WVR" structure and biotech companies that have no revenue or profit. This development, while worth-lauding in itself, calls for renewed attention to the importance of corporate governance," said Mr.
Corporate Governance Established for 70 years, the Housing Society has been run by Members coming from all walks of life with the mission to serve the needs of the Hong Kong community in housing and related services. Over time, the mission remains but our role has evolved to become much more complex, engaging in multiple initiatives with the Government as well as on its own.
To cope with the changing environment and to fulfil our evolving role, we have adopted a new governance structure at the end of year with the creation of a Supervisory Board and an Executive Committee.
This new structure is referenced upon the best practices in corporate governance while retaining the uniqueness of the Housing Society as an independent Organisation governed by Members.
The member Executive Committee establishes policies to ensure that corporate strategies are consistent with the corporate mission and guiding principles and oversees the performance of the Management which is led by an Executive Director. An Audit Committee and a Nominating Committee are in place to support the Supervisory Board in respective areas while a Remuneration Committee assists the Executive Committee in setting the compensation policies.
Members of the Supervisory Board and Committees contribute to the Housing Society on a voluntary basis. Through the concerted efforts of Members, the Management and all staff, the Housing Society has grown into a more open, accountable and efficient organisation to serve the needs of the people of Hong Kong and improve housing for society.Corporate Governance At HKEX we are committed to the highest standards of corporate governance and recognise that good governance is pivotal in helping the business to deliver its strategies whilst generating sustainable shareholder value and meeting its .
BOC Hong Kong (Holdings) Limited is committed to maintaining and upholding high standards of corporate governance in order to safeguard the interests of shareholders, customers and employees.
Corporate governance and proxy voting guidelines for Hong Kong These guidelines should be read in conjunction with BlackRock’s Global Corporate Governance and Engagement Principles – 1.
Corporate Governance in Hong Kong covering issues of,Setting the Scene – Sources and Overview,Shareholders,Management Body and Management.
Corporate Governance in Hong Kong covering issues of,Setting the Scene – Sources and Overview,Shareholders,Management Body . Hong Kong lost out to Singapore in a survey of regional corporate governance standards because it still does not have an independent audit regulator, according to . Learn about HKEX's corporate governance structure and practices.