254 Corporate governance in BM

Corporate governance in BM

As a listed entity itself, corporate listed citizens has high expectation of BM on corporate governance. The governance model has to be strutured and the process also to be accordingly regulate itself whilst not stifling its entrereneurial and profit making obejctives for sustainability. Thus, BM has set up several committees in its governance model.

Other than establishing and transparent on its governance model, it has also set up Code of Ethics for its staff. This includes incorporating whistle blower provision, and provision on ground rules and incidences of conflict of interest, gifts, gratuities and/or bribes, dishonesty and sexual harassment.

Bursa has also obtained both ISO 9001:2000 Quality Management System and ISO 14001:2004 Environmental Management System. It is the first exchange in world to pursue these two certifications simultaneously. Both of these certifications are management system standards that were developed by the International Organization for Standardization (ISO). The standards apply uniformly to companies in any industry and of any size.


BCS 202/05 Corporate Compliance Management Copyright © 2011 by Wawasan Open University. All Rights Reserved.


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