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IOTA 10/11/2 Code of Governance of Irish Institutes of Technology as amended to reflect 2009 Code of Governance for State Bodies January 2012 Approved and adopted by Governing Body of Cork Institute
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The code of governance refers to a set of guidelines and principles that organizations follow to ensure transparency, accountability, and sound management practices.
The code of governance should be filed by organizations that are subject to regulatory requirements or have voluntarily adopted a code of governance.
Filling out the code of governance involves reviewing and assessing the organization's governance practices, policies, and procedures, and documenting them in a comprehensive manner. This may involve gathering information from various stakeholders and conducting internal audits or assessments.
The purpose of the code of governance is to promote good governance practices, enhance organizational transparency, ensure compliance with regulations and laws, and build stakeholder trust.
The specific information to be reported in the code of governance may vary depending on the regulatory requirements or the voluntary code adopted by the organization. Generally, it may include information about the board of directors, executive compensation, risk management, conflict of interest policies, and financial reporting practices.
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