|
Corporate governance is a matter of high importance within Inceptive Solutions Corporation and its subsidiary businesses within the Group. It is undertaken with due regard to all of the Company's stakeholders and its role in the community. Good corporate governance is a fundamental part of our culture and in our business practices.
The Board of Voting Directors is responsible for Inceptive Solutions Corporation and is committed to ensuring superior financial performance and the long-term prosperity of the Group, while meeting stakeholders’ expectations of sound corporate governance practices.
The Board of Inceptive Solutions Corporation is composed of a majority of Independent Directors,
and will regularly review its corporate governance practices to ensure the best representation of shareholder interests.
Accordingly, the Board has reviewed the corporate governance practices of the Inceptive Solutions Group in light of the ASX Corporate Governance Council's Principles of Good Corporate Governance and Best Practice Recommendations released in March 2003.
The Principles provide a good general reference in determining best practice, while recognising that one size does not fit all. The Corporation substantially complies with these Principles and has
included on this website the information that the Principles recommend be disclosed on a company's website.
However, in areas where it is in its best interests the Corporation will depart from the Principles. Reasons for any such departures will be explained in the Corporate Governance Statement of the Annual Review commencing from 2007.
Information on the significant corporate governance practices of Inceptive Solutions Corporation
and the Inceptive Solutions Group is available to view below:
|