Morella Corporation (AU:1MC) has released an update.
Morella Corporation has reinforced its commitment to corporate governance by adhering to the ASX’s 4th Edition Corporate Governance Principles and Recommendations during the 2024 Reporting Period. The company has outlined the distinct roles and responsibilities of its board and management, including the Board’s duty to manage risk, approve budgets, and monitor financial performance. Furthermore, Morella ensures thorough background checks prior to director appointments and maintains written agreements with directors and senior executives to uphold transparency and accountability.
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