Corporate Governance in the Netherlands : A Practical Guide to the New Corporate Governance Code / / editors, R. H. Kleipool, Martin van Olffen, and Bernard Roelvink

• Record Nr.: UNINA9910793974603321
• Pubbl/distr/stampa: The Hague, The Netherlands : , : Eleven International Publishing, , [2018]; ©2018
• ISBN: 94-6274-832-2
• Edizione: [First edition.]
• Descrizione fisica: 1 online resource (194 pages)
• Disciplina: 346.0664
• Soggetti: Corporate governance - Law and legislation
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Intro -- Table of Contents -- Foreword -- Introduction to the History, Background and Key Provisions of the New Code -- 1 Long-Term Value Creation -- 1.1 Long-Term Value Creation -- 1.1.1 Long-Term Value Creation Strategy -- 1.1.2 Involvement of the Supervisory Board -- 1.1.3 Role of the Supervisory Board -- 1.1.4 Accountability of the Management Board -- 1.2 Risk Management -- 1.2.1 Risk Assessment -- 1.2.2 Implementation -- 1.2.3 Monitoring of Effectiveness -- 1.3 Internal Audit Function -- 1.3.1 Appointment and Dismissal -- 1.3.2 Assessment of the Internal Audit Function -- 1.3.3 Internal Audit Plan -- 1.3.4 Performance of Work -- 1.3.5 Reports of Findings -- 1.3.6 Absence of an Internal Audit Department -- 1.4 Risk Management Accountability -- 1.4.1 Accountability to the Supervisory Board -- 1.4.2 Accountability in the Management Report -- 1.4.3 Statement by the Management Board -- 1.5 Role of the Supervisory Board -- 1.5.1 Duties and Responsibilities of the Audit Committee -- 1.5.2 Attendance of the Management Board, Internal Auditor and External Auditor at Audit Committee Consultations -- 1.5.3 Audit Committee Report -- 1.5.4 Supervisory Board -- 1.6 Appointment and Assessment of the Functioning of the External Auditor -- 1.6.1 Functioning and Appointment -- 1.6.2 Informing the External Auditor about Their Functioning -- 1.6.3 Engagement -- 1.6.4 Accountability -- 1.6.5 ; Departure of the External Auditor -- 1.7 Performance of the External Auditor's Work -- 1.7.1 Provision of Information to the External Auditor -- 1.7.2 Audit Plan and External Auditor's Findings -- 1.7.3 Publication of Financial Reports -- 1.7.4 Consultations with the External Auditor outside the Management Board's Presence -- 1.7.5 Examination of Discussion Points Arising between the External Auditor and the Management Board.; 1.7.6 External Auditor's Attendance of Supervisory Board Meetings -- 2 Effectiveness of Management and Supervision -- 2.1 Composition and Size -- 2.1.1 Profile -- 2.1.2 Personal Information -- 2.1.3 Executive Committee -- 2.1.4 Expertise -- 2.1.5 Diversity Policy -- 2.1.6 Accountability about Diversity -- 2.1.7 Independence of the Supervisory Board -- 2.1.8 Independence of Supervisory Board Members -- 2.1.9 Independence of the Chairman of the Supervisory Board -- 2.1.10 Accountability Regarding Supervisory Board Member Independence -- 2.2 Appointment, Succession and Evaluation -- 2.2.1 Appointment and Reappointment Periods - Management Board Members -- 2.2.2 Appointment and Reappointment Periods - Supervisory Board Members -- 2.2.3 Early Retirement -- 2.2.4 Succession -- 2.2.5 Duties of the Selection and Appointment Committee -- 2.2.6 Evaluation by the Supervisory Board -- 2.2.7 Evaluation of the Management Board -- 2.2.8 Evaluation Accountability -- 2.3 Organization of the Supervisory Board and Reports -- 2.3.1 Supervisory Board Terms of Reference -- 2.3.2 Establishment of Committees -- 2.3.3 Committees' Terms of Reference -- 2.3.4 Composition of the Committees -- 2.3.5 Committee Reports -- 2.3.6 Chairman of the Supervisory Board -- 2.3.7 Vice-Chairman of the Supervisory Board -- 2.3.8 Delegated Supervisory Board Member -- 2.3.9 Temporary Management Board Function of a Supervisory Board Member -- 2.3.10 Company Secretary -- 2.3.11 Report of the Supervisory Board -- 2.4 Decision-Making and Functioning -- 2.4.1 Stimulating Openness and Accountability -- 2.4.2 Other Positions -- 2.4.3 Point of Contact for the Functioning of Supervisory Board and Management Board Members -- 2.4.4 Attendance at Supervisory Board Meetings -- 2.4.5 Induction Programme for Supervisory Board Members -- 2.4.6 Development -- 2.4.7 Information Safeguards.; 2.4.8 Supervisory Board Members' Responsibility for Obtaining Information -- 2.4.9 Obtaining Information from Officers and External Parties -- 2.5 Culture -- 2.5.1 Management Board's Responsibility for Culture -- 2.5.2 Code of Conduct -- 2.5.3 Employee Participation -- 2.5.4 Accountability Regarding Culture -- 2.6 Misconduct and Irregularities -- 2.6.1 Procedure for Reporting Actual or Suspicion of Misconduct or Irregularities -- 2.6.2 Informing the Chairman of the Supervisory Board -- 2.6.3 Notification by the External Auditor -- 2.6.4 Oversight by the Supervisory Board -- 2.7 Preventing Conflicts of Interest -- 2.7.1 Preventing Conflicts of Interest -- 2.7.2 Terms of Reference -- 2.7.3 Reporting -- 2.7.4 Accountability Regarding Transactions: Management Board and Supervisory Board Members -- 2.7.5 Accountability Regarding Transactions: Majority Shareholders -- 2.7.6 Personal Loans -- 2.8 Takeover Situations -- 2.8.1 Supervisory Board Involvement -- 2.8.2 Informing the Supervisory Board about Request for Inspection by Competing Bidder -- 2.8.3 Management Board's Position on a Private Bid -- 3 Remuneration -- 3.1 Remuneration Policy - Management Board -- 3.1.1 Remuneration Policy Proposal -- 3.1.2 Remuneration Policy -- 3.1.3 Remuneration - Executive Committee -- 3.2 Determining Management Board Remuneration -- 3.2.1 Remuneration Committee's Proposal -- 3.2.2 Management Board Members' Views on Their Own Remuneration -- ; 3.2.3 Severance Payments -- 3.3 Remuneration of Supervisory Board Members -- 3.3.1 Time Spent and Responsibility -- 3.3.2 Remuneration of Supervisory Board Members -- 3.3.3 Share Ownership -- 3.4 Accountability for Implementation of Remuneration Policy -- 3.4.1 Remuneration Report -- 3.4.2 Agreement of Management Board Member -- 4 The General Meeting -- 4.1 The General Meeting -- 4.1.1 Supervisory Board Supervision.; 4.1.2 Proper Conduct of Business at Meetings -- 4.1.3 Agenda -- 4.1.4 Proposal for Approval or Authorization -- 4.1.5 Shareholder's Explanation When Exercising the Right to Put Items on the Agenda -- 4.1.6 Placing of Items on the Agenda by Shareholders -- 4.1.7 Stipulation of the Response Time -- 4.1.8 Attendance of Members Nominated for the Management Board or Supervisory Board -- 4.1.9 External Auditor's Attendance -- 4.1.10 General Meeting's Report -- 4.2 Provision of Information -- 4.2.1 Substantiation of Invocation of Overriding Interest -- 4.2.2 Policy on Bilateral Contacts with Shareholders -- 4.2.3 Meetings and Presentations -- 4.2.4 Posting Information in a Separate Section of the Website -- 4.2.5 Management Board Contacts with Press and Analysts -- 4.2.6 Outline of Anti-takeover Measures -- 4.3 Casting Votes -- 4.3.1 Voting as Deemed Fit -- 4.3.2 Providing Voting Proxies or Voting Instructions -- 4.3.3 Cancelling the Binding Nature of a Nomination or Dismissal -- 4.3.4 Voting Right on Financing Preference Shares -- 4.3.5 Publication of Institutional Investors' Voting Policy -- 4.3.6 Report on the Implementation of Institutional Investors' Voting Policy -- 4.4 Issuing Depositary Receipts for Shares -- 4.4.1 Trust Office Board -- 4.4.2 Appointment of Board Members -- 4.4.3 Board Appointment Period -- 4.4.4 Attendance of the General Meeting -- 4.4.5 Exercise of Voting Rights -- 4.4.6 Periodic Reports -- 4.4.7 Contents of the Reports -- 4.4.8 Voting Proxies -- 5 The One-Tier Governance Structure -- 5.1 One-Tier Governance Structure -- 5.1.1 Composition of the Management Board -- 5.1.2 Chairman of the Management Board -- 5.1.3 Independence of the Chairman of the Management Board -- 5.1.4 Composition of Committees -- 5.1.5 Accountability for Supervision by Non-executive Directors.