board in obligations; be planning and to account; direction; Employee Not Not mentioned Adequate Not mentioned clearly by the training for mentioned clearly by the Code; MGT and clearly by the Code; employee; Code; 3rd parties Quality Firm preserves facilitate Not and conflicts standards environment; mentioned of interests and clearly by the responsibility mechanisms for Code; to customers; stakeholder participation; Code of ethics Board define Board outline Board define, To prevent (conduct) ethical values, ethics, protect the standards; beliefs; corporate ethics development and beliefs; of undesirable practices; and Chair and and CEO The firm Not subsidiaries CEO represents firm promotes mentioned represents to staff, public; welfare, clearly by the firm to interests of Code; government; communities; Note The underlined part is describing some more works needed to be done for relevant subjects and parties. Exhibit 4 How responsible business embedded into function of BD – (source: IFC and Global Compact 2009) Exhibit 5 Evaluation of EVCA Code 2005 (from both investor and investee viewpoint) – Subjects or parties Main Sub quality Responsibilities Objectives Note quality factors factors Audit committee Not Not mentioned Not mentioned Not mentioned clearly by the clearly by the mentioned clearly by Code; Code; clearly by the the Code; Code; Nomination committee Not Not mentioned Not mentioned Not mentioned clearly by the clearly by the mentioned clearly by Code; Code; clearly by the the Code; Code; Compensation, Not Not mentioned Not mentioned Balancing Remuneration committee mentioned clearly by the clearly by the remuneration clearly by Code; Code; in the context the Code; of industry; CEO Not Not mentioned Not mentioned Not mentioned clearly by the clearly by the mentioned Code; Code;
board in planning and direction; obligations; be to account; Employee Not mentioned clearly by the Code; Not mentioned clearly by the Code; Adequate training for MGT and employee; Not mentioned clearly by the Code; 3rd parties and conflicts of interests Quality standards and responsibility to customers; Firm preserves environment; facilitate mechanisms for stakeholder participation; Not mentioned clearly by the Code; Code of ethics (conduct) Board define ethical standards; Board outline values, ethics, beliefs; Board define, protect corporate ethics and beliefs; To prevent the development of undesirable practices; and subsidiaries Chair and CEO represents firm to government; and CEO represents firm to staff, public; The firm promotes welfare, interests of communities; Not mentioned clearly by the Code; Note The underlined part is describing some more works needed to be done for relevant subjects and parties. Exhibit 4 – How responsible business embedded into function of BD (source: IFC and Global Compact 2009) Exhibit 5 – Evaluation of EVCA Code 2005 (from both investor and investee viewpoint) Subjects or parties Main quality factors Sub quality factors Responsibilities Objectives Note Audit committee Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Nomination committee Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Compensation, Remuneration committee Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned clearly by the Code; Balancing remuneration in the context of industry; CEO Not mentioned Not mentioned clearly by the Code; Not mentioned clearly by the Code; Not mentioned
006_29445ny081115_30_43.docx