Code on Corporate Governance - Carrots & Sticks

The code assigns great importance to constructing an legal and ethical corporate governance system, based on fairness, honesty and transparency. Also a chapter dedicated Environmental Protection which requires a corporate policy on this and applying due care.

Issuer name

The council of issuers of Kazakhstan

More information

The basic principles of the present Code are as follows: - principle of protection of rights and interests of shareholders; - principle of transparency and objectivity of disclosure of information on the Company’s activity; - principles of legality and ethics; - principles of effective dividend policy; - principles of effective manpower policy; - environmental protection; - policy of regulation of corporate conflicts.

Reporting resources

True

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

Disclosure venue

Annual report

ESG coverage- G (Governance)

All

Status

Current

Country

Kazakhstan

Region

Asia Pacific

Date of publication

2007

Issuer type

Financial Market Regulators

Reporting requirements

Codes, guidance, and questionnaires

Mandatory or voluntary

Voluntary

The geographical scope

National/federal

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