Hong Kong corporate governance code (for listed companies)
E862117
The Hong Kong corporate governance code (for listed companies) is a regulatory framework that sets out principles and best practice provisions to promote high standards of corporate governance, accountability, and transparency among companies listed on the Hong Kong Stock Exchange.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
corporate governance code
ⓘ
regulatory framework ⓘ |
| aimsTo |
enhance accountability of listed issuers
ⓘ
enhance transparency of listed issuers ⓘ promote high standards of corporate governance ⓘ |
| appliesTo | companies listed on the Hong Kong Stock Exchange ⓘ |
| basedOn | principles of good corporate governance ⓘ |
| covers |
board composition and diversity
ⓘ
communication with shareholders ⓘ company secretary responsibilities ⓘ directors’ responsibilities ⓘ directors’ training and continuous professional development ⓘ financial reporting and internal controls ⓘ independence of non-executive directors ⓘ remuneration policies and procedures ⓘ risk management systems ⓘ separation of roles of chairman and chief executive ⓘ shareholder rights ⓘ |
| enforcedThrough | listing compliance and disclosure requirements ⓘ |
| includes |
code provisions
ⓘ
recommended best practices ⓘ |
| influencedBy |
OECD Principles of Corporate Governance
NERFINISHED
ⓘ
international corporate governance best practices ⓘ |
| issuedBy |
Hong Kong Exchanges and Clearing Limited
NERFINISHED
ⓘ
The Stock Exchange of Hong Kong Limited NERFINISHED ⓘ |
| jurisdiction | Hong Kong NERFINISHED ⓘ |
| language |
Chinese
ⓘ
English ⓘ |
| legalStatus | non-statutory code under the Listing Rules ⓘ |
| partOf | Listing Rules of the Stock Exchange of Hong Kong NERFINISHED ⓘ |
| regulates |
audit committee arrangements of listed companies
ⓘ
board practices of listed companies ⓘ nomination committee arrangements of listed companies ⓘ remuneration committee arrangements of listed companies ⓘ risk management and internal control of listed companies ⓘ shareholder communication practices of listed companies ⓘ |
| requires |
disclosure of corporate governance practices in annual reports
ⓘ
disclosure of deviations from code provisions ⓘ explanations for deviations from code provisions ⓘ |
| subjectTo | periodic review by the Stock Exchange of Hong Kong ⓘ |
| targetAudience |
boards of directors of listed companies
ⓘ
company secretaries of listed companies ⓘ investors in Hong Kong listed companies ⓘ |
| usesApproach | comply or explain ⓘ |
Referenced by (1)
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