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Corporate Governance > Ethical Rules
Ethical rules of Park Elektrik are total of principles regulating the relations between the employees of the Company and their relations with the society and constituting the inter-company attitude culture. Ethical rules were formed for the purpose of increasing the service quality in the Company, ensuring efficient use of the resources, preventing the unfair competition, regulating the relations with the employees. Ethical rules, at the same time, are the most important factors in increasing the prestige of the Company and procuring the continuity of the stability and confidence in the Company Park Elektrik observes compliance with the following ethical rules and ensures conduct of the inspections to detect compliance or non-compliance:

With respect to Related Laws and Regulations;

- Compliance with the laws and regulations, all the national and international arrangements and inter-company arrangements is procured.
- All the reports and records are kept according to the national and international principles.
- Treatment in compliance with all the laws, regulations and rules is procured in relations with the shareholders.

With respect to the Employees;

- A fair, healthy and reliable working environment is created for the employees.
- The employees are presented equal opportunities in either employment or career development without any distinction.
- Utmost attention is paid to employment of employees in accordance with the work intensity; and overwork and regular use of leaves are controlled.
- Utmost attention is paid to timely and completely use of the rights of the employees, arising from the provisions of the related laws and regulations, to which the employees are subject.
- Compensation systems are formed for the employees.

With respect to Corporate Governance Principles;

- In all the services and transactions, the information is presented to the interest holders clearly, accurately, expressly, timely and completely.
- Compliance with the corporate governance principles is strictly regarded.
- The transparency principle is regarded in information disclosed to the public.

With Respect to the Sector;

- Best attention is given on the matters of development of the mining sector, protection of the common interests and procurement of the maintenance of the reliability in the sector.
- While competing with the competitors, fair treatment and compliance with the laws are essential.

With respect to the Conflicts of Interests;

- Any and all measures are taken to prevent conflicts of interest.
- Arrangements have been made in order to prevent the trade of those, who obtained information inside.

With respect to Social Responsibility and Environment;

- In all the activities, steps are taken within the frame of social benefit and respect to the environment
- Utmost attention is paid on the matter of environmental protection in all the activities and auditing is made periodically and the results are disclosed to the public.

All the employees;

- Are elected from among honest, trustworthy, ethical persons, who are respectful to the moral values, have specific level of information, accumulation and the feeling of responsibility.
- Observe increase of the profitability of the Company and increase of the market share and fulfill their duties in the best manner
- Always represent the Company in the best manner.
- Comply with the laws and inter-company arrangements.
- Work with diligence, regularly, in strict discipline and in a self-sacrificing manner.
- Make efforts to develop their vocational abilities and increase their experience.
- Complies with the procedure arranged by the Company for the trade of those, who obtained information inside.
- Make effort for accurate and efficient use of the company's assets and resources and prevent the use of the same for individual benefits.
- Do not work in any field other than the Company.
- Pay utmost attention to compliance with the ethical rules and in case of failure in compliance, apply to the authorized bodies for taking necessary measures.
- Behave each other in measured terms and carefully.
- Support the persons responsible for auditing to cause them to maintain their activities and provide necessary opportunities and assistance if required.

Employees and managers apply the principles of the ethical rules in all of their businesses. These rules are applicable to any kind of communication with press both inside and outside the Company including internet and e-mail medium.

Board of Directors undertakes the following matters:

• Members of the Board of Directors undertake to comply with the laws, regulations and rules in their relations with the Company and shareholders.

• All the employees including the members of the board of directors resist pressures, which may adversely bear consequences against the shareholders, and do not accept benefits such as gifts, special discounts, free holidays etc., which may put them under obligations.

• Members of the Board act fairly, truly, timely and expressly in all the public disclosures, reports and documents. However, confidential information and/or trade secrets relating to the Company are not disclosed to the public. The Disclosure Policy is taken into account with respect to the public disclosures.

• All the information, documents, records and data in electronic medium, known by limited number of persons, obtainable, required not to be disclosed to the competitors, third parties and the public, important for success and efficiency of the Company in the economic life are considered the trade secrets.

Employees and managers apply the principles of the ethical rules in all their businesses. These rules are applicable to any and all communication with the media including internet and e-mail in and outside the Company.

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