Formosa Plastics Group continues to act in accordance with the founder’s beliefs to respect all shareholders’ equity. Nanya Technology Corporation, a member of Formosa Plastics Group, believes that the strict and effective corporate governance mechanism is the only way to ensure legal compliance, financial transparency and effective operation enhancement.
NTC establishes an effective corporate governance mechanism in order to ensure effective operational enhancement.
NTC Board of Directors exercises its authority according to the law, articles of incorporation and the resolutions of shareholders'meeting.
NTC establishes the Compensation Committee which reviews the compensation of directors, supervisors, and top management.
According to Regulations Governing Establishment of Internal Control Systems by Public Companies, NTC establishes an effective internal control system in order to make sure the operational management and its subsidiaries comply with the law and regulations.
By applying the concept of Formosa Plastics Group, "whatever is taken from the society neds to be given back," NTC focuses on corporate governance, environmental sustainability, and social contribution in order to execute its corporate social responsbility.
To achieve sound ethical corporate management, President Office is responsible for establishing and supervising the implementation of the ethical corporate management policies and prevention programs.
By following NTC's major internal policies, NTC establishes an effective corporate governance mechanism.