It establishes the expectations of the Shareholder and the authorities, responsibilities, and accountabilities of the Board and management. In setting direction and managing the business, consideration is also given to the impact of decisions on other stakeholders, including employees, customers, and the communities in which ATB Financial operates.
Corporate governance begins with the Board of Directors and its committees and extends throughout the entire organization to every employee.
ATB Financial is committed to transparency and accountability and supports disclosure of its corporate governance practices, delivery of useful information through broad channels of communication, and use of appropriate financial and operational performance measures.
The Board of Directors is committed to ensuring that ATB Financial has an effective governance system that adds value and enables the corporation to achieve its objectives.
A key element of good corporate governance is full disclosure of all corporate governance activities, confirmation of responsibilities of the directors and auditors, including the assessment of their independence from management, and accurate, timely, and periodic financial reporting