This report provides a comprehensive analysis of Woolworths Group Limited's corporate governance practices. It begins with an executive summary and an introduction to the company, outlining its history, products, and industry position within the Australian retail sector. The report then delves into the specifics of Woolworths' corporate governance, examining the board structure, including the composition of directors, the role of the chairperson, and the remuneration policies for both executive and non-executive directors. A significant portion of the report focuses on board orientation, exploring the application of various corporate governance theories such as agency theory, stewardship theory, stakeholder theory (including both ethical and managerial branches), and resource development theory to understand Woolworths' approach to stakeholder management. The report also analyzes the company's communication strategies through the lens of legitimacy theory, concluding with a summary of findings and references. This analysis aims to provide a deep understanding of Woolworths' ethical and governance framework, offering insights into its stakeholder relations and overall business conduct.
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