Corporate Governance is the system by which companies are directed and managed. It influences how the objectives of the Company are set and achieved, how risk is monitored and assessed and how performance is optimised.
Good corporate governance procedures encourage companies to create value whilst providing accountability and controls commensurate with the risks involved.
Poseidon Nickel Limited is committed to high standards of corporate governance. Policies and procedures which follow the “Principles of Good Corporate Governance and Best Practice Recommendations” issued by the ASX Limited (“ASX”) Corporate Governance Council in March 2003, to the extent they are applicable to the Company, have been adopted. Policies and procedures adopted by the Company also include the Principles and Recommendations contained in the second and third editions issued in 2007 and 2014 respectively.
These documented policies and procedures for the basis of the Company’s corporate governance system and are set out in the document which can be downloaded below as a PDF document. You will require Adobe PDF Reader to view the document.