Importance of Corporate Governance and Ethics in Peet Limited

Running Head: MANAGEMENT 0
Peet Limited
Ethics and Governance
Report
Student Details

MANAGEMENT 1
Executive Summary
This report content is taken from various secondary sources, journals and websites.
This company’s Corporate Governance had been changed from the preceding years. Peet
Limited had Celebrated successful year on the “Australian Securities Exchange” since 2004
and had acquired its position in the ASX Index. In the preceding years, the company had
tremendous growth because of the ethics and governance states by the company. This is
because of the different ethical and governance outlook as compared to the other companies.
It had been observed that objective of PPC is following all ethical grounds and the
performance of the employees, as well as the direction of management, is considered
following social norms, religious practices and are influenced by cultural ethics. PPC
corporate governance and ethics encourages better communication, which helps in the
process of decision-making.
As the companies have effective corporate governance, so this company had been
included in one of the most of the companies of Real estate in Australia. Due to the previous
growth of this company, the Stakeholders attracts towards this company, as the Board
Orientations of this company is also presentable and effective. Hence, corporate governance
and ethics are acceptable by the Stakeholders.
Peet limited corporate governance & ethics objectives and aims are to consistently
understand and develop an approach to maintain standards of conduct and behaviour of the
Directors, consultants, employees, and officers in carrying out their roles.

MANAGEMENT 2
Contents
Introduction....................................................................................................................3
“Peet Limited”: Introduction and Summarization..........................................................3
Corporate Governance at “Peet Limited”......................................................................5
 Board Composition...........................................................................................6
Source: The Board of Directors of “Peet Limited” (Peed Limited , 2019)................6
Chairman Report........................................................................................................6
CEO Report................................................................................................................7
Remuneration Report.................................................................................................7
Board Orientation of “Peet Limited”.............................................................................8
Analyse of Board Orientation by applying “Stewardship theory”.............................8
Analyse of Board Orientation by applying “Resource Dependency theory”...........10
Interpretation of PPC communications using “Legitimacy Theory”...........................12
Conclusion....................................................................................................................13
Bibliography.................................................................................................................14

MANAGEMENT 3
Introduction
The Purpose of the Report is to understand the importance and role of Corporate
Governance and Ethics in the company named “Peet Limited”. In this Report, the Peet
Limited Company has been chosen to explain four parts, which help the reader to understand
the corporate governance, and ethics run in Peet Limited. In addition, this report is based on
the proper research on each part with the help of various secondary sources and some
important websites.
In this Report, the concept, research had been done for all the parts of the assignment.
The first part of the report will cover the introduction and summarization of the Peet limited,
which include the company’s ‘Code of Conduct & Ethics’, recent history, recent
achievements, missions and overview of the company’s industry. The second part will cover
the corporate governance at “Peet Limited”, which includes board composition, Report from
Chairperson and CEO, and Remuneration Report. The third part includes the Board
Orientation, explained with the help of “Stewardship Theory” and “Resources Dependency
theory”. In addition, the last part of the report will cover the Interpretation of the “Peet
Limited” communications using “Legitimacy Theory”.
The following paragraphs will help you to find out the essential outcomes of the
reports, which has been included in the conclusion part.
“Peet Limited”: Introduction and Summarization
The “Peet Limited” is one of the Australian leading company deals as residential
developers. They create master-planned communities, apartments and medium density
housing for the Australian homebuyers across the country. This company provides an ample