Corporate Governance
Corporate governance practices are a key building block for the Fund’s sound performance over the long term. The following governance charters and other policies have been adopted by the Board of Trustees of the Taiwan Greater China Fund.
Audit Committee
The Audit Committee is currently comprised of Messrs. Edward Collins, Frederick Copeland, Tsung Ming Chung and Robert Parker, each of whom is independent, as defined by the rules of the New York Stock Exchange (“NYSE“), and is not an "interested person" of the Fund, as defined by the Investment Company Act of 1940 (“1940 Act“). All Audit Committee members must be financially literate and at least one member must have accounting or related financial management expertise. The Audit Committee’s primary responsibilities include the engagement and oversight of the Fund’s independent auditors and the review of the Fund’s financial statements, related disclosure documents, financial reporting process and legal compliance matters. For more information about the Audit Committee's role and responsibilities, see the
Audit Committee Charter.
Nominating Committee
The Nominating Committee is currently comprised of Messrs. David Laux and Robert Parker, each of whom is independent, as defined by the rules of the NYSE, and not an “interested person“, as defined by the 1940 Act. The purpose of the Nominating Committee is to recommend persons qualified to serve on the Board for election by the shareholders at each annual meeting and to fill vacancies on the Board. For more information about the Nominating Committee, see the
Nominating Committee Charter.
Code of Ethics
The Board of Trustees of the Fund has approved a Code of Ethics as required by Rule 17j-1 under the 1940 Act. This Code governs the personal investment activities of Fund personnel. For more information, see the
Code of Ethics.
In addition, the Fund has adopted an Officers' Code of Ethics which governs the conduct of the Fund's chief executive and chief financial officers. For more information, see the
Officers' Code of Ethics.
Proxy Voting Policies
The Fund’s policy with regard to voting stocks held in its portfolio is to vote in accordance with the recommendations of Institutional Shareholder Services, Inc. (”ISS”) unless both the Fund’s President and Chief Financial Officer raise a question about the application of such a recommendation in a particular voting situation, in which event the decision as to how to vote such proxy will be made by the Executive Committee of the Fund’s Board of Trustees. For more information, see the
ISS Guidelines for Proxy Voting.
Proxy Voting Record:
