Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Hong Kong Corporate Governance Excellence Awards Accepts Nominations for 2017

PR Newswire Asia Monday, 19 June 2017
New categories for Chinese Enterprises and Newly Listed Companies

HONG KONG, June 19, 2017 /PRNewswire/ -- The Hong Kong Corporate Governance Excellence Awards 2017, jointly organized by The Chamber of Hong Kong Listed Companies ("CHKLC") and the Centre for Corporate Governance and Financial Policy ("CCGFP") of Hong Kong Baptist University is open for nominations starting today (June 19) till August 18, 2017.  

"The Chamber is pleased to continue to organise this event to promote a strong corporate governance culture of our market. In recent months, the market is marred by companies with excessive share price volatility and other corporate behaviours that jeopardize shareholders interests. This award programme serves as a reminder of the importance of corporate governance that honour sharehoders rights. By giving recognition to the success of leading companies in corporate governance, we showcase the benefits it will do to the companies and all shareholders, thus encouraging more companies to follow suit," said Mr. Francis Leung, Chairman of the Chamber.

"Ultimately, we wish to spread the message that corporate governance is key not only to the success of individual companies but the reputation and well-being of the entire market," said Mr. Leung.

The nomination for the 2017 Hong Kong Corporate Governance Excellence Awards begins today and ends on August 18.

The Hong Kong Corporate Governance Excellence Awards recognizes companies that exhibit a holistic approach to corporate governance and sustainability and demonstrate excellent achievements.  Nominations for the Awards are open to all companies listed on the Main Board and GEM Board of the Stock Exchange of Hong Kong. 

In addition to the existing three categories: Hang Seng Index Constituents Companies; Hang Seng Composite Index Constituents Companies and Others and GEM Board Companies, from this year onwards, two new award categories will be created, namely Chinese Enterprises and Newly Listed Companies. The former category is opened to companies who are constituents of the Hang Seng China (Hong Kong-listed)100 Index while the latter is for companies listed on the Stock Exchange of Hong Kong within three years prior to the year of nomination.

"The creation of the two new categories is to enable a wider spectrum of companies to get recognition," said Mr. Leung. "There will also be simplified application procedures to encourage more companies to come forward."

As part of the overall assessment in giving Corporate Governance Excellence Awards, the Judging Panel would consider giving an award on Sustainability Excellence to companies whose performance and achievements in sustainability measures achieve an excellent standard. No separate submission is required.

The panel of judges will choose the winners using a model of eight key corporate governance and sustainability aspects respectively, developed by the CCGFP. Special attention will be given to companies that demonstrate innovation and significant improvements in corporate governance and/or sustainability made over the last three years; efforts made to internalize and pursue the highest principles of corporate governance and/or sustainability over-and-beyond compliance with requirements; and the ability to show positive business impact of the corporate governance and/or sustainability spirit and practices.

For press enquiries, please contact:

The Chamber of Hong Kong Listed Companies
Amy Leung        Tel: 2970 0886          Email: amyleung@chklc.org 

About the Chamber of Hong Kong Listed Companies

Incorporated in September 2002, CHKLC is a non-profit organization serving listed companies in Hong Kong. The Chamber strives to promote sound corporate governance, function as an effective communication channel between listed companies and regulatory authorities, strengthen the commercial linkage and foster co-operation among listed companies from Hong Kong and China and uphold Hong Kong's position as an international trade, commercial and financial centre. Since 2007, the Chamber organises the annual "Hong Kong Corporate Governance Excellence Awards" jointly with the Hong Kong Baptist University to advocate best practices of corporate governance and recognize excellence.

About the Centre for Corporate Governance & Financial Policy of Hong Kong Baptist University

The Centre aspires to be a "Centre of Excellence" on corporate governance in the region. It promotes quality policy and academic research on corporate governance and related financial policy issues covering Hong Kong, Mainland China and the Asia-Pacific economies, with the aim to improve the quality of corporate governance practices. Additionally, the Centre provides professional executive education activities to disseminate knowledge and advance the highest ideals of responsible business leadership. Through consultancy projects, the Centre also assists organizations to design, improve and assess their corporate governance systems and structures.

*Notes to Editors:*

*About the Hong Kong Corporate Governance Excellence Awards 2017*

The Hong Kong Corporate Governance Excellence Awards are conferred annually since 2007 by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University and are designed to promote and award excellence in corporate governance of listed companies in Hong Kong. The Awards Programme provides recognition and prestige for listed companies in achieving outstanding commitments to shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence & leadership, and corporate social responsibility.

From 2017, there are five award categories, namely the Hang Seng Index Constituent Companies, Hang Seng Composite Index Constituent Companies, Hang Seng China (Hong Kong-listed)100 Index, Others & GEM Board Companies, and Newly listed Companies (those listed on the Stock Exchange of Hong Kong within three years prior to the year of nomination).

The 2017 Awards Programme is sponsored by BDO as Bronze Sponsor and supported by the Financial Services and the Treasury Bureau, Securities and Futures Commission, Hong Kong Exchanges and Clearing Limited, Hong Kong Institute of Certified Public Accountants, the Hong Kong Chinese Enterprises Association, and the Hong Kong Investment Funds Association. Hong Kong Economic Times is Sole Chinese Newspaper Sponsor of the event; Metro Finance is Exclusive Radio Partner; Quamnet, irasia.com and EQS TodayIR are Online Media Partners, and PR Newswire as Regional News Release Distribution Partner.

Any Hong Kong listed companies can self-nominate or be nominated for the Awards. Entry forms can be downloaded from www.chklc.org.  Results of the awards will be announced at the prize presentation gala dinner to be held on December 14, 2017.
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

You Might Like


Recent related news

Joint checkpoint at Hong Kong railway terminal touches a nerve despite success of Shenzhen model

For the past decade, Hong Kong travellers crossing the border at Shenzhen Bay Port in the west of the special economic zone have been able to complete the...
S.China Morning Post - Asia-Pacific

Liverpool mobbed by fans at Hong Kong airport ahead of Premier League Asia Trophy

Liverpool were mobbed by adoring fans as they landed at Hong Kong Airport on Monday morning. The English giants are in town for the Premier League Asia Trophy,...
S.China Morning Post - Asia-PacificAlso reported by •ACN NewswirenewKerala.com

Hong Kong media giant Next Digital sells magazines for HK$500 million in bid to expand online content

Hong Kong media giant Next Digital Group Limited announced on Monday that it would sell several of its magazines in Hong Kong and Taiwan to W Bros. Investments...
S.China Morning Post - Business

Hong Kong Book Fair kicks off, bigger than ever

One of the largest book fairs in Asia is due to kick off on Wednesday with a record number of exhibitors, but the rainy weather may dampen attendance figures....
S.China Morning Post - Asia-PacificAlso reported by •ACN Newswire

From wild guesses to an ‘A’ in Chinese: ethnic minority student beats hurdles in Hong Kong education system

As a year one Hong Kong secondary school student six years ago, Dhanraj Preet Singh scored only two marks in the Chinese attainment exam. He had just returned to...
S.China Morning Post - Asia-Pacific

New Rankings From Institutional Investor Show Chinese Corporations Committed To Corporate Governance

HONG KONG, CHINA - Media OutReach - July 12, 2017 - Today, Institutional Investor revealed its annual rankings of individuals and companies which best uphold...
Media OutReach - Press Releases

Hozpitality Group: Amazing Response Received to Nominations for the Popular Choice Awards for Hospitality Industry in the Middle East

Over 550 nominations received for the 3rd Middle East Hospitality Excellence Awards-2017 PR Newswire DUBAI, UAE, July 24, 2017 DUBAI, UAE, July 24, 2017...
FinanzNachrichten.de - Markets

Small number of Indonesian domestic workers radicalised while in Hong Kong, report warns

A security think-tank has claimed that about 45 Indonesian domestic workers have been radicalised and linked with Islamic State while living in Hong Kong. While...
S.China Morning Post - Asia-Pacific


Other recent news in Press Releases

Global Upside Launches Mihi - Time and Benefits Management SOFTWARE for Global EmployersSailPoint Empowers HEALTHCARE Organizations with Identity
MEDNAX to Exhibit at the 25th Annual American Hospital Association Leadership SUMMIT July 27-28Diamond Resorts Delivers a Home Run Experience to Members, Baseball Fans at LOS ANGELES Angels Game
New MCAFEE Report Reveals Secrets of Successful Threat Hunters and SOCsMEDIA ALERT: Sixteen States Offer Back-to-School Shoppers Tax-free Savings with Sales Tax HOLIDAYS
Utah ATTORNEY GENERAL Sean Reyes Receives Public Servant Award at International Leadership Foundation Annual GalaDENSO Selects Cypress’ Automotive MCUs and Flash Memories to Enable Sophisticated Graphics in 2017 TOYOTA CAMRY Instrument Cluster
BAKO's DIAMOND SERIES rental LED display CABINET won the worldwide famous Red Dot Design AwardGLASS EYE SCREENWORKS, an Atlanta-Based Digital Agency Known for Creating Immersive Digital Experiences, Unveiled a Unique Digital Installation at San DIEGO COMIC-Con

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+