New Zealand Shareholders Association Policy Framework Statement
The policies prepared by the NZ Shareholders Association around Listed Companies have as their core the NZX and ASX listing rules and governance standards.
The policies are a position adopted by the NZ Shareholders Association derived from evidence-based research, industry / professional bodies or internationally accepted best practice. NZSA may choose to consult with its members and/or external agencies in formulating policies.
These policies are used by NZSA to review the actions of listed entities. The policies are not a substitute for the exercise of critical judgement in any area.
NZSA Policies
Policy #4: Employee Engagement and Whistleblowing
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #5: Executive Remuneration
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #6: Independent Directors
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #7: Non-executive Directors
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #8: Political Donations
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #10: Audit Independence
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #12: Golden Parachutes
Date Approved: July 2018
Effective From: July 2018
Future Review Date: tbd
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #13: Remuneration Report
Date Approved: July 2018
Effective From: July 2018
Future Review Date: 2022
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Policy #16: Audit Rotation
Date Approved: July 2018
Effective From: July 2018
Future Review Date: 2022
Application: This policy applies to all NZX listed companies.
Purpose: NZSA maintains a range of policies to positively...
Former NZSA Policies
Former NZSA policies, now withdrawn, are shown below:
Policy 2: Criminal Matters before the Courts
Withdrawn: Nov 2020
Reason: Now treated as an internal NZSA operating policy
Policy 3: Dividends and Imputation Credits
Withdrawn: April 2023
Reason: Superseded by Policy 23 (Capital Management)
Policy 9: Equitable Treatment of Shareholders in Capital Raise
Withdrawn: April 2023
Reason: Superseded by Policy 23 (Capital Management)
Policy 11: Role of the Company Secretary
Withdrawn: Apr 2022
Reason: Superseded by Policy 21 (Independent Advice for the Board)