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The Four Pillars of Governance Best Practice

The Four Pillars of Governance Best Practice is the Institute of Directors’ cornerstone publication.

It equips you with high-level directorship principles, blended with advice on day-to-day governance best practice, global trends and the contemporary operating environment in New Zealand.

Available for IoD members in print copy, online and pdf download.

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Contents

The Four Pillars of Governance Best Practice provides fundamental guidance to directors.
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Overview

An overview of corporate governance and directorship in New Zealand.
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The first pillar - Determining purpose

The first pillar of governance focuses on the board’s role in leading the development of the entity’s purpose and strategy.
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The second pillar - An effective governance culture

The second pillar covers due diligence when deciding to join a board, and the director’s life on the board from day one induction through to exiting the board.
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The third pillar - Holding to account

The third pillar focuses on risk management. Boards hold management to account through informed, astute, effective and independent oversight.
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The fourth pillar - Effective compliance

The fourth pillar focuses on common compliance matters including solvency, financial reporting, director remuneration, and annual meetings.
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Appendices

The Four Pillars appendices provide additional resources, references and guidance to directors to assist them in carrying out their duties and responsibilities.
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Together we can build a strong, fair and sustainable New Zealand powered by best practice governance

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