Our corporate structure specifies the competencies and distribute the duties between the board and the executive management in accordance with the best practices in corporate governance, and improves the efficiency of Advanced’s decision making and achieves a balance of powers and authorities across the board and th executive management.
Shareholders play an important part in the corporate governance structure of Advanced. The established corporate structure provides a comprehensive framework to enhance accountability to shareholders and other stakeholders, ensure timely and accurate disclosures of all material matters, deal fairly with shareholders and other stakeholder interests, and maintain high standards of business ethics and integrity.
Our corporate structure ensures the strategic guidance of Advanced, the effective monitoring of management by the board, and the board’s accountability to Advanced and the shareholders.