Hyundai Department Store Board of Directors is composed of nine members : four inside directors and five independent directors.
Hyundai Department Store always aims to promote transparency and maximize corporate values as well as shareholders’ interest.
|No. of evaluation
|Key evaluation questions||score|
|Roles and responsiblities||5||Coperate governance charter, Management Philosohpy, industry expertise,
Management responsibilities and ethics
|Board structure||8|| Seperate CEO and chairman of the board, scale adequacy, establish CEO succession policy,
participate to board education programs etc
|Board operation||9||Board activities, attendence rate, open board rule to the public, access to detailed information about agendas, whether the agenda got edited or opposed||95.3|
|Board committees||11||Chairman of the board from independent director, independent director to hold majority in the board, acess to management information, participate to audit related education programs etc||99.6|
|Evaluation and reflection||3||Open evaluation results to the public, discuss and feedback about evaluation results||98.5|