427. The Board should guard against processes which frustrate or block constructive engagement with stakeholders, for instance by continually compelling stakeholders to resort to the courts for the resolution of disputes. 428. In addition to formal processes such as annual general meetings, the Board should consider informal processes such as direct contacts, websites, advertising or […]

421. A company should provide its stakeholders with relevant information necessary for protecting their rights. 422. Views, opinions and input from minority shareholders should be considered in making decisions so as to secure the sound protection of their interests especially where their combined shareholding is significant. 423. The interests and expectations of stakeholders, even if […]

417. The Board should identify the company’s stakeholders and formulate a clear policy on how to engage, communicate with or relate to them constructively. Constructive engagement should not amount to second guessing the Board or management or permitting undue interference in the running of the company. 418. Every company should engage its stakeholders in determining […]

412. Companies should have creditor protection procedures in relation to mergers, capital decrease, split mergers and such other matters. 413. The Board should formulate, develop and implement a framework of engagement with stakeholders which it should constantly review in a structured way. 414. The Board should encourage the formation of appropriate stakeholder associations to facilitate […]

412. Companies should have creditor protection procedures in relation to mergers, capital decrease, split mergers and such other matters. 413. The Board should formulate, develop and implement a framework of engagement with stakeholders which it should constantly review in a structured way. 414. The Board should encourage the formation of appropriate stakeholder associations to facilitate […]

407. All communication to stakeholders should use clear and simple language and should set out all relevant facts, whether positive or negative. 408. Minority shareholders should be protected from abusive actions by, or acts done solely in the interests of, the controlling shareholders. 409. What the company actually does, and not merely what it communicates, […]

400. The Board must, in the best interest of the company, strive to achieve an appropriate balance of interests between its various stakeholders. 401. Stakeholders should know their responsibilities towards the company and should be circumspect about making public statements that can damage its interests. 402. The gap between stakeholder perceptions and the performance of […]

395. The legal rights and legitimate expectations of the company’s stakeholders should be identified, recognized, respected and promoted in the course of creating wealth and jobs and sustaining a financially sound business enterprise. 396. Corporate actions should take into account stakeholder and societal interests. 397. There should be constructive engagement between a company and all […]

Preamble: 393. A company is a multi-interest enterprise. It binds itself to contracts and can be held legally responsible for its actions. It has many stakeholders who have vital interests in its operations and results. Its operations have consequences beyond itself as they always affect, in one way or another, the community in which it […]

388. Compliance policies should be integrated and aligned with other business efforts and objectives to avoid duplication of effort and to take advantage of opportunities for synergies. 389. Compliance with laws, rules, codes and standards should be incorporated in the code of conduct of the company to entrench a compliance culture. Employees should be encouraged […]