The Board of Directors of Brookfield Corporation believes that board committees assist the effective functioning of the company's board of directors and help ensure that the views of independent directors are effectively represented.
Brookfield's Board has four standing committees:
- Audit Committee
- Management Resources & Compensation Committee
- Governance & Nominating Committee
- Risk Management Committee
Other Governance documents:
- Code of Conduct
- Vendor Code of Conduct
- Disclosure Policy
- Majority Voting Policy
- Clawback Policy
- Proxy Voting Guidelines
ESTMA Reporting Documents
| Year | Document |
|---|---|
| 2017 | View |
| 2016 | View |
Articles and By-Laws:
Corporate governance relates to the activities of a company's board of directors who are elected by and are accountable to the shareholders, and takes into account the role of management who are appointed by the board of directors and charged with the ongoing management of the company and its shareholders.
The board of directors of Brookfield Corporation encourages sound corporate governance practices designed to promote the well being and ongoing development of the company, having always as its ultimate objective the best interests of the company.
The board believes that our corporate governance policies and practices are comprehensive and consistent with the guidelines for improved corporate governance in Canada adopted by the Canadian Securities Administrators and the Toronto Stock Exchange, as well as the requirements of the U.S. Securities and Exchange Commission, the New York Stock Exchange and the applicable provisions under the U.S. Sarbanes-Oxley Act of 2002. The company continues to assess its governance practices and disclosure in relation to evolving Canadian and U.S. guidelines.
For the full text of Brookfield's current corporate governance practices, please click on the Statement of Corporate Governance Practices.