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Magna has adopted certain structures, policies and procedures, in addition to our Corporate Constitution (PDF 61 KB), to ensure that effective corporate governance practices are followed and the Board functions independently of Management. Our Statement of Corporate Governance Practices (PDF 52 KB) describes Magna's approach to corporate governance, with specific reference to Magna's Corporate Constitution, which reflects Magna's historical commitment to effective corporate governance since its adoption in 1984, as well as to the applicable regulatory requirements, including the NYSE Listing Standards and governance guidelines reflected in National Policy 58-201-Corporate Governance Guidelines. For a discussion of the differences between our corporate governance practices and polices and the NYSE Listing Standards, please refer to our Statement of Significant Corporate Governance Differences (NYSE) (PDF 72 KB).
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