CORPORATE GOVERNANCE
As a good corporate citizen we adopt ethical best practices, both in the way we behave and in how we interact with the outside world.
Good governance requires an enterprise to have proper processes and systems to ensure that it is managed efficiently and effectively, and in the best interests of the stakeholders.
To deliver on the above the Group has a Corporate Governance Framework and Risk Management Process.
Goodhope's Corporate Governance Framework features five key elements:
- an effective System and Control Framework, which ensures the organization adopts a structured process in designing, implementing and reviewing all internal systems
and processes.
- a structured Enterprise Risk Management process across the operating units, which helps create awareness of key operational risks and responds to such risks in a timely manner across the organization.
- an effective Compliance Framework, which ensures compliance to statutory and other legal requirements on a continuous basis.
- a Financial Reporting Framework, which ensures the integrity of all financial information and statements that are generated, and facilitates effective and accurate reporting
to shareholders.
- a company-wide Standard of Business Conduct, which sets out clear expectations and principles to guide and inspire professional excellence among all employees of the group, towards achieving the highest standards of corporate behavior.
