The overriding aim of corporate governance is to satisfy shareholder demands regarding the return in their invested capital, in the best way possible. The concept of "corporate governance" usually refers to the rules and structure established to make it possible to efficiently and systematically manage and control a limited liability company.
We take our responsibility to our stockholders very seriously. Our belief is that we maximize stockholder value by maintaining a long-term focus. Rather than thinking about ways in which we can create short-lived economic gains each quarter, we focus on serving our users and delivering the most relevant information as fast as we can. By providing the best user experience, we believe that we are building a company that will create more value, not just for our users, but ultimately also for our stockholders as well. In this note, I'd like to briefly mention several policies and steps we've taken to protect our stockholders' long-term interest, in accordance with corporate governance requirements.
We believe in the importance of building stockholder trust. We adhere to the highest levels of ethical business practices, as embodied by the Top40-Charts Code of Conduct, which provides guidelines for ethical conduct by our directors, officers and employees. We think that we've created the optimal corporate structure to realize Top40-Charts' long-term potential and have established the appropriate financial controls and management oversight of our internal processes:
The board of directors has set Corporate Governance guidelines to provide a framework so that management and the Board can operate effectively together to achieve Top40-Charts' objectives for the benefit of our stockholders.
The members of our board committees are independent.
Top40-Charts has provided its employees anonymous methods of reporting questionable accounting, internal accounting controls or auditing matters.
Corporate governance involves several distinct corporate bodies and functions, among which the Annual General Meeting, the Board of Directors and the President are the most central. We pledge to adhere to the highest standards of integrity, on behalf of our users, our stockholders, and the world.