본문 바로가기

Overview

Corporate Governance Code of Best Practice

Download Corporate Governance Charter
The Corporate Governance 'Code of Best Practice' is issued by the Korean Corporate Governance Service.*
Corporate Governance Code of Best Practice Status

Corporate Governance Charter

O

Code of Ethics for Corporate and employee

O

Cumulative voting

·

Excluded cumulative voting under the Article 26 (Appointment of Directors)

X

Provide annual general meeting information to shareholders in advance Cumulative voting

O

Board composition (Outside Director majority)

·

3 Executive Directors, 4 Outside Directors

- Including 1 Lead Outside Director
O

Separation of CEO and Chairman of the board

·

Although CEO holds an additional position as Chairman of the Board, CEO and Chairman are appointed separately by the BoD

X

Disclosure of Board activities, attendance, agenda and voting results

O

Composition of Nominating Committee for Outside Directors

·

1 Executive director, 4 Outside director

O

Composition of Compensation Committee

·

1 Inside director, 2 Outside director

O

Composition of Audit Committee

·

4 Outside director

O

Disclosure of BoD Committee's current composition, role, and activities

O

Adopt and disclose operation guidelines for the BoD and Committees

O

Provide Directors and Officers liability insurance at the company's expense

O

Evaluation of Board activities

·

Company may introduce a system to evaluate the board’s operation and performance by Regulations of the B of D

O

Maintain independence of external auditors

O

Certification of accuracy and integrity of financial reports by CEO and CFO

O

Explanation difference between the current practice and the 'Code of Best Practice'

O

Disclosure of audit reports and major timely issues

O