The TGH Board is committed to the highest standards of oversight, accountability and management. TGH has formally adopted 9 principles of corporate governance, based, where appropriate, on the New Zealand Securities Commission Corporate Governance Principles and Guidelines.
The Board regularly reviews TGH's governance practices and makes amendments where necessary.
TGH and WTF have one single shareholder, Waikato-Tainui Te Kauhanganui Incorporated. This diagram explains the relationship between the two commercial companies and their shareholder.
The TGH Board has developed and signed a Statement of Corporate Intent (SCI) with its shareholder. The SCI is forward-looking, and provides longer-term clarity to both parties. It also sets out the necessary understandings that must exist between TGH, as an operating business, and its shareholder.
Although some of its provisions apply for several years, the SCI is reviewed annually.