Corporate governance principle and mechanism

 

Nhabe Garment Corporation (NBC) is structured and governed as the model of a public company that is regulated by Vietnam's relevant laws. Accordingly, Shareholder Meeting is the mechanism in which shareholder practise their right to decide most important matters.

Shareholder Meeting vote for Board of Directors and Supervision Board and entrust them with the duty of manage, control and supervise corporate's activity. Board of Directors appoint Board of Management who have to run daily businesses.

This model is also applied to member companies of NBC. Regarding its share in these companies, NBC appoint representatives, and many of them is in key positions like Chairman or Chief Executive Officer.