Corporate Governance Code Of Best Practice: Composition and Functioning of the Board of Directors

Book : Corporate Governance Code Of Best Practice: Composition and Functioning of the Board of Directors

Author : * --

Language : English

Episode : Other

Publishing Location : İstanbul

ISBN : 975-8458-50-7

Published Date : Aralık 2002

Publisher : TÜSİAD (Türk Sanayicileri ve İşadamları Derneği)

Language : Turkish

Document Type : Book

Book No : 6005

INDEX

INTRODUCTION
1. The Board and its Responsibilities
2. Board Membership Criteria
3. Composition of the Board
3.1 Ratio of Independent Members
3.2 Obligation of Independent Board Members to State
their Independence
4. Election, Invitation and Orientation of New Board Members
5. Separation of Duties of the Chairman of the Board and Chief Executive Officer
6. Role of Chairman of the Board
7. Size of the Board and Decision Making Mechanism
8. Term and Meetings of the Board of Directors
9. Re-election and Retirement
10. Board Compensation Review
11. Evaluation of Performance of Board of Directors and
Chief Executive Officer
12. Board Relations with Shareholders, Investors,
Press and Customers
13. Number, Structure and Independence of Board Committees
13.1 Audit Committee
13-2 Corporate Governance Committee
13-3 Senior Management Training,
Career and Remuneration Committee
14. Term, Meeting Frequency, Length and
Agenda of the Committees
15. Other Important Issues Regarding the
Functioning of the Board
15.1 Statements and Discussions during Board Meetings
15.2 Content and Quality of Disclosure
15.3 Rights and Voting Power of Shareholders
15.4 General Assemblies
ANNEXES
Annex 1. Comparison of "Corporate Governance Code of Best Practice: Composition and Functioning of the Board of Directors" and OECD Principles of Corporate Governance
Annex 2. Corporate Governance Working Group of TUSIAD