Corporate Governance Grade

Comparision with Best Practice Recommendations

Best Practice Recommendations SK broadband Reference
Cumulative Voting System X excluded from Articles of Incorporation
Documentary Voting System X
separation of BOD Chairmanship from CEO-ship X
BOD Composition Requirement
(outside directors representing overwhelming majority)
O
outside directors' independence
(independent of the Company, management and majority shareholders)
O
Nomination Committee Composition Requirement
(outside directors representing overwhelming majority)
O
Compensation Committee Composition Requirement
(all outside directors)
X
Audit Committee Composition Requirement (all outside directors) O
stock options based on business performance X
verification on the accuracy of financial report O
setting and publicly disclosing corporate code of ethics O posted on the web page
explanation on the difference from Best Practice Recommendations O
BOD evaluation X
TOP