Newcap Radio

Corporate Governance

Newfoundland Capital Corporation Limited (“Company”) recognizes the importance of corporate governance for the effective management of the Company and is committed to leadership in corporate governance. The Company’s approach to significant issues of corporate governance is designed to ensure that the Company is focussed on its responsibilities to its shareholders and ensuring that business is managed in a manner that enhances shareholder value.

Corporate governance is the system by which companies are managed and directed. The governance structure of a company reflects the distribution of rights and responsibilities among the board of directors (“Board”), management and the shareholders of the Company.