HTC follows Corporate Governance Best-Practice Principles for TSEC/GTSM Listed Companies to
- Protect shareholders' rights and interests;
- Strengthen functions of the Board of Directors;
- Fulfill the function of supervisors; and
- Enhance information transparency.
Based on Regulations for the Establishment of Internal Control Systems by Public Companies, HTC takes into consideration the overall operational activities of itself and its subsidiaries in establishing an effective internal control system, and reviews it regularly, in order to keep up with changes in the environment and ensure that the design and enforcement of the system remain effective.
The Board of Directors and the management review the result of the internal control self-inspection conducted by each department and reports from the Internal Audit Department at least annually. Supervisors also pay attention to and exercise oversight over this matter.
HTC executives pay special attention to the Internal Audit Department and its personnel and fully empower them to conduct audits, evaluate the internal control system and assess the efficiency of operations to ensure that such a system can be carried out on a continuous basis and can assist the Board of Directors and management to perform their duties effectively so as to ensure a sound corporate governance system.