Standards Of Behavior

Board Charter

A Board charter or governance protocols will often be adopted by the Board which commonly documents a high level summary of how the Board will operate and expected standards of behavior.  Such a document would usually reference key documents or policies of the entity and set out key issues reserved for the Board, including how the Board intends to interact with management and its expectations of management in effectively supporting the Board’s entity operations and performance.  

Under the Constitution, Directors are bound by the requirements set out in such a document.