Grupo Argos has a Good Governance Code aimed at adopting measures regarding the corporation’s governance, management practices, officers’ conduct, truthful and fluent management of its information and public disclosure of its operation.
It is made up of six chapters in which there is explicit declaration of equal treatment, respect for the rights and regulations of relations with shareholders, the market, the different interest groups and the society in general. Hence, those who are interested in investing in securities issued by the company may learn about its code of conduct and that of the company’s officers..
The Code promotes the transparency of the voting process and strengthens the structure and the performance of the Board of Directors (with seven members, three of which are independent). Besides, it creates value through establishing transparent and efficient management structures.
This Code complies fully with Colombian law and contains the corporate governance practices that have been raised by the Código País, contained in the External Circular 28 of 2007 of the Financial Superintendence of Colombia.
The results of the Código País Surveys of the last 3 years can be seen in the links indicated below.
Chapters II and III of the Good Governance Code contain the rules of procedure of the General Assembly of Shareholders and the Board of Directors, respectively, to see these regulations click here.
If you have any recommendations to improve the Good Governance Code, you are welcome to send them by clicking here.