Audio Transcript Auto-generated
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Good morning, everyone.
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My name is sitting yet today I'm here to talk
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about the Commonwealth Bank Corporate governance.
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Firstly, we will see the internship performance.
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Here is a grab off the banking industry performance in
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Australia. We can see the industry revenue kept dropping in
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the past decade.
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Their free research the first one is a low entry
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wide. The second one is high operating costs and also
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caused by the covert 19.
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Then we move to the corporate governance.
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According to the A, S s corporate government is a
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farmer of the Inc which is about rule relationship.
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And the system is important because corporation is the main
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form off the business organization which has shown impact to
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our society.
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When a financial organization fell in negative if they had
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high contingents, therefore, SS developed a set off the principal
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and the recommendation for corporate governance.
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And it's possible True, which is about the ball off
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the organization.
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But it's the core off the corporate governance and the
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supervisor system.
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It also can effect on the organization performance.
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Then we used to use the principle to and is
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recommendation toe evaluate a common well, Bo, generally in meet
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with the all recommendation.
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For example, it's Agenda Corporation show the Ball skill measure,
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which, helpful to improve stakeholder confidence.
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Common ground is the only band off the Big Four
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who show is measure in.
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It's a new report.
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However. There are some information are in content system.
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The things don't as the chairman off the ball.
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Some recite show she's the independent director.
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But in the annual report and about us, we thought
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show she's not the independent director.
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There are, at least for recommendation off the principal to
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enroll the director independency if instant as the chairman off
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the ball, her independency is important.
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Based on this situation, there's some suggestion for Commonwealth.
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Firstly, all director information should be chat then unify the
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website and the report information the base off the A
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S s principle is if not, why not?
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Approach Which means if the chairman is not independent director,
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come around it to expand to the state holder Why,
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it hasn't adapted recommendation.
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So that's my presentation for today.
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If you have any questions, please counter with me Thank
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you for your tap