Part - I: Award Scheme

Invitation

The "World Council For Corporate Governance" (WCFCG) and Golden Peacock Awards Secretariat have great pleasure in inviting applications for The Golden Peacock Global Award For Excellence in Corporate Governance. The Award Scheme for Corporate Governance was instituted to encourage initiatives in Corporate Governance globally among developed and developing economies covering:

* Public undertakings
* Private undertaking - Manufacturing Sector/Service Sector/Finance Sector
* Government/Municipal Departments

The Golden Peacock Global Award for Corporate Governance stimulates and helps organisations to rapidly accelerate the pace of improvement process. It is a powerful self-assessment process and a way to build an organisations’ brand equity on 'Corporate Governance.' The preparation for the award helps to inspire and align the entire work force and management functions. The knowledge gained by the organisation in describing and self-assessing its governance operations leads to IMPROVED organisational performance.

The Awards

Golden Peacock Global Award For Excellence in Corporate Governance are awarded annually. Each category, at the discretion of the Jury may have more than an award'. Each winner receives a trophy together with a certificate.

Eligibility
Organizations or parts of organisations (self accounting profit centres) in the private and public sector operating in any country or globally as multinational may participate in the above award scheme. The decisive factor for eligibility is that the operations of the applicant must adequately correspond to the Award criteria and which can be verified at the time of evaluation.

The operations of the applicant must be carried out independently, meaning that responsibilities, authorities, results, etc. are clearly defined. This must be documented, for example, in the annual report, organisation plan or equivalent.

Rules & Regulations

.* Awards Committee reserves the right to alter the Award Scheme.
.* Awards Committee reserves the right to award more than one trophy each year and also to withhold awards, if the required standards are not met.
* Award Secretariat accepts no liability for any loss resulting from the disclosure of information concerning an entry, though all reasonable precautions will be taken to maintain secrecy.
* Awards Committee cannot undertake to return documents or supplementary material submitted with an entry.
* Selected Award winners may be invited to make a brief presentation in the ensuing "International Conference on Corporate Governance" to share their experiences.
* The decision of the Awards Committee on the recommendations of the Panel of Judges is final and no appeal or correspondence will be entertained.

Non-Disclosure & Confidentiality

Names of applicants, commentary and scoring information developed during the review of applications are regarded as proprietary by IOD and are kept confidential. Such information is available only to those individuals directly involved in the assessment and administrative process. WCFCG will take all reasonable action to ensure that applications and information therein are treated in strict confidence. However, in no way can IOD be held responsible for any loss of confidentiality to a third party.

Moreover, IOD cannot be held liable for any damage (to goods, or persons, financial loss or consequential) incurred through the breach of confidentiality or otherwise by the applicants or any third party.

Application Fees

The application fee for Golden Peacock Global Award for Excellence in Corporate Governance is INR 44500

ALL ENTRIES SHOULD BE ADDRESSED TO:

GOLDEN PEACOCK AWARDS SECRETARIAT
IOD House
M-52 (Market), Greater Kailash-II
New Delhi-110048
INDIA

Tel: +91-11-41636294, 41636717
Fax:+91-11-29217475
Mobile: 00-91- 9811135151

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