英语论文网

houseCoopers LLP to work. Non-audit services work carried out by PricewaterhouseCoopers LLP is predominantly the review of subsidiary undertakings' statutory accounts, transaction work and corporate tax services, where PwC's services are considered to be the most appropriate. PricewaterhouseCoopers LLP also follows its own ethical guidelines and continually reviews its audit team to ensure its independence is not compromised.

5.4.8 Other Committees

In addition to the above committees, Tesco also has other non statutory committees, namely, a Finance Committee, a Compliance Committee and a Corporate Responsibility committee among others. Considering the fact that the company does not need to have such committees in place, it can be argued that Tesco is trying to look good in the eyes of the stakeholders.

5.5 RELATIONS WITH STAKEHOLDERS

5.5.1 Relations

Tesco is committed to having a constructive dialogue with stakeholders to ensure it understands what is important to them and allow itself the opportunity to present its position. Engagement helps it to identify new risks and opportunities to ensure that its long-term strategy is sustainable.

5.5.2 Shareholder Engagement

During the year, the Chairman, Chief Executive and Finance Director met with most of our leading shareholders to discuss issues relating to the board, strategy and governance matters, as well as new developments within the business. The Chairman's meetings with major shareholders took place independently from the Executive team. In addition to this the Company Secretary's office, Investor Relations and other teams within the business engage with shareholders on a regular basis, and on a wide range of issues.

5.5.3 Constructive use of the AGM

The whole of Tesco's board attends the annual general meeting and is available to answer questions from shareholders present. In order to encourage shareholder participation, Tesco offers the incentive of electronic voting, which allows the company to count all the votes. In addition, all the shareholders can choose to receive a full annual report and financial statements or the annual review and summary financial statement either in paper or electronic form. The reports are also available to download from the company's website.

6.0 CONCLUSION ON CORPORATE GOVERNANCE

The London Stock Exchange has made it a requirement that all companies on its listing to declare whether they have fully complied with the combined code or not. Where compliance has not been observed, the company has to explain why it departed from the code provisions.

The board of Tesco, in its annual report, considers that Tesco PLC complied in all respects with the Combined Code Principles of Corporate Governance and Code of Best Practice for the year ended 23 February 2008.

Corporate governance measures i本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。