Asus 2014 Annual Report Download - page 38

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34
(III) Implementation Status of the Corporate Governance Principles required by the Financial Supervisory Commission
Evaluation Item
Implementation Status Non-implementation and
descriptions
Y N Descriptions
1. Does the company establish and disclose the Corporate
Governance Best-Practice Principles based on “Corporate
Governance Best-Practice Principles for TWSE/TPEx
Listed Companies”?
V The company has not developed the “Rules Governing
Corporate Governance” and shall develop and disclose
according to the laws and regulations.
The company will draft the policy
and disclose information in
accordance to the laws and
regulations.
2. Shareholding structure & shareholders’ rights
(1) Does the company establish an internal operating
p
rocedure to deal with shareholders’ suggestions,
doubts, disputes and litigations, and implement based on
the procedure??
(2) Does the company possess the list of its major
shareholders as well as the ultimate owners of those
shares?
(3) Does the company establish and execute the risk
management and firewall system within its
conglomerate structure?
(4) Does the company establish internal rules against
insiders trading with undisclosed information?
V
V
V
V
(1) The company has not developed relevant operation
procedures but has established the spokesperson system
and investor relation department to process relevant issues.
(2) The company maintains close contacts with majority
shareholders for immediate control.
(3) The company has established proper risk control mechanism
and firewall according to the internal relevant regulations
such as the “Regulations Governing Subsidiary Company
Management,” “Endorsement and Guarantee Operation
Procedure” and “Acquisition or Disposition of Information
Asset Process.”
(4) The company has not developed relevant regulations but has
advocated and prohibited insider trading from internal
organization according to the regulations.
None
None
None
None
3. Composition and Responsibilities of the Board of
Directors
(1) Does the Board develop and implement a diversified
policy for the composition of its members?
(2) Does the company voluntarily establish other functional
committees in addition to the Remuneration Committee
and the Audit Committee?
(3) Does the company establish a standard to measure the
performance of the Board, and implement it annually?
(4) Does the company regularly evaluate the independence
of CPAs?
V
V
V
V
(1) Not yet developed.
(2) The company has not yet established other functional
committee.
(3) Not yet developed.
(4) The Board of the Directors appoints the attesting CPA and
the same procedures apply to change of CPA. In the future,
the Board of the Directors shall conduct routine assessment
Scheduled to gradually develop
and implement according to the
laws and regulations.
Scheduled to gradually establish
according to the laws and
regulations as well as the practical
requirement of the company.
Scheduled to gradually develop
and implement according to the
laws and regulations.
Scheduled to gradually develop
and implement according to the
laws and regulations.