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 |