Annual Report 2015
The Board also ensures that the Company discloses any news and information in an accurate, fully comprehensive, transparent and accountable manner, as follows:
1.
Release of information before the shareholders meeting
2.
Protection of shareholders’ rights
3.
Equal rights for the Company’s Board of Directors and the executives
Section 3 – Roles of Stakeholders The Board respects the rights of and gives equal treatment to the various involved stakeholders groups, who have been or may potentially be affected by the Company’s business operations; such as employees, shareholders, investors, customers, business partners, competitors, creditors, external auditors, press and media, local communities where the Company’s businesses are located, surrounding society, and the government sector. This is in accordance with the established policies and practices guidelines relating to the rights of stakeholders groups of the Company, as well as to promote regular cooperation between the Company and such stakeholders in order to build and develop the Company on a stable and sustainable basis as follows: 1.
Treatment of employees
2.
Business operations in compliance with the framework of ‘Fairness’
3. Undertaking practices that are fair and responsible towards local communities and society as a whole, and the environment 4.
Anti-Corruption activities, and informing on any misconducts or wrongdoings
Section 4 – Information Disclosures and Transparency The Board attaches great importance to the disclosure of information in an accurate, fully comprehensive and timely manner as appropriate and according to the situation; such as: financial information, financial status and operating performance results, together with any non-financial information relating to the Company’s shareholdings structure, corporate governance matters, and other business-related information. This is for the benefit of all shareholders and outside parties. The Investor Relations Unit has been established and charged with the responsibility for providing up-to-date information with accuracy and completeness, as well as for ensuring easy access to such information via various channels of communications established by the Company. Investors and outside parties can, therefore, effectively make contact and inquire about the following information in a convenient and speedy manner:
1.
Information on the Company, its board directors and its shareholders
2.
Good Corporate Governance practices of the Company
3.
Operating performance results
4.
Timing and appropriateness in disclosing information
Section 5 – Responsibilities of the Board of Directors
The Board of Directors has prescribed Corporate Policies and Practice Guidelines covering the following topics :
1. 2. 3. 4.
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Structure of the Board of Directors Responsibilities of the Board of Directors Principles guideline for the Board of Directors Duties and responsibilities of the Company’s Board of Directors
Srithai Superware Public Company Limited