Ethical Standards Ethical Standards
| CONDUCT AND ETHICS |
| The Board’s policy is that Boral companies and employees must observe both the letter and spirit of the law, and adhere to high standards of business conduct and comply with best practice. Boral’s Management Guidelines contain a Code of Corporate Conduct and other guidelines and policies which set out legal and ethical standards for employees. As part of performance management, employees are assessed against the Boral Values of leadership, respect, focus, performance and persistence. This policy and code guide the Directors, the CEO, the chief financial executive, the company secretary and other key executives as to the practices necessary to maintain confidence in the Company’s integrity and as to the responsibility and accountability of individuals for reporting and investigating reports of unethical practices. The code also guides compliance with legal and other obligations to legitimate stakeholders. |
| DEALINGS IN BORAL SHARES |
| The Board has a policy that Boral Limited Group directors, officers and senior executives may not buy or sell Boral shares except within a period of one month of any major public announcement regarding the Company’s results and trading prospects (such as the yearly and half yearly profit announcements and the Chairman’s and Managing Director’s Addresses to the Annual General Meeting). The policy precludes executives from entering into any hedge or derivative transactions relating to options or share rights granted to them as long term incentives, regardless of whether or not the options or share rights have vested. The policy supplements the Corporations Act provisions precluding directors and officers from trading in securities when they are in possession of price sensitive "insider" information. A copy of Boral's Share Trading Policy is available on Boral's website. Share dealings by Directors are promptly notified to ASX. Boral Directors must hold a minimum shareholding of 1,000 shares. |
ATENEO GRADUATE SCHOOL OF BUSINESS / MARKMA-REGIS
2008 DISCLAIMER: This website contains information that is intended only for class use. If you are not from MARKMA(ATENEO-REGIS) Class of Prof. Enrique Soriano, you should not disseminate, distribute or copy the informations from this website. |
