Structures And Practices Of Corporate Governance In The Adcock Ingram Group

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Corporate Governance
Corporate governance includes the structures, processes and practices that the Board uses to direct and manage the operations of Adcock Ingram Holdings Limited and subsidiaries within the Adcock Ingram Group. These structures, processes and practices help to ensure that authority is exercised and decisions are taken within an ethical framework that promotes the responsible consideration of all stakeholders and ensures that decision-makers are held appropriately accountable.
Adcock Ingram Holdings Limited is committed to the principles of good corporate governance as set out in the King III Report on Corporate Governance for South Africa (King III Report), the JSE Listings Requirements and the Companies Act 71 of 2008 (Companies Act).
(Adcock Ingram’s Corporate Governance can be …show more content…

Transparency enables the public and all stakeholders to be able to understand and conclude activities pertaining to Adcock Ingram in this situation and decide how it will affect them individually. Therefore it is in management’s best interest to ensure openness and maybe briefing often to inform all stakeholders of all activities of the business and notify them important decisions.
Analysis of code of conduct and governance
Their code of conduct (code of ethics) is a simplistic yet attainable set of rules that each stakeholder must adhere to, to enable the upliftment of the business image. The corporate governance is brief and concise, and does not fully explain each aspect. There is no annual report or income statement freely available therefore there is a minimised amount information at the publics’ leisure.

(Governance

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