Corporate governance is the system by which companies are directed and managed. It influences how an organisation’s objectives are achieved, how its risks are monitored and assessed and how its performance is optimised.
The Manager has adopted an overall corporate governance framework that is designed to meet best practice standards and recognises that an effective corporate governance culture is critical to success. At all times, the Manager strives to achieve governance outcomes which effectively balance the needs of GMT, its stakeholders, regulators and the market.
An overview of the corporate governance framework administered by the Manager for GMT and certain other legal and regulatory disclosures is included here under the following headings:
The Manager’s governance framework is materially consistent with the Corporate Governance Best Practice Code of NZX with an analysis against the NZX Code located here.