0
3
3
3
3
3

1
2
3
3

1
3
3
3
4

3

1
1
2

3

3
2

4

1

3

3

2

4

2
1
2

3

3

5

3
3

4

3

3

3

4

5

4

2
2

5

4
1

3
1
3
3
2
2
2
2

MAINFREIGHT

5
6
5

SYNLAT MILK

7
5
3

AFT PHARMACEUTICALS

4

5
2

PGG WRIGHTSON

7
7
5

CBL CORPORATION

5
6

3

EBOS GROUP

3
8

5

DELEGAT GROUP

6
8
6

VECTOR

4
4

5

PUSHPAY

4

8
2

VISTA GRP. INTERNATIONAL

3
4
8

1

TRILOGY INTERNATIONAL

7
8
5

RESTAURANT BRANDS NZ.

3
6
8
6

METLIFECARE

3
7
4

METRO PERFORMANCE GLASS

8
5

GREEN CROSS HEALTH

3
11
3

BRISCOE GROUP

6
6

3

RYMAN HEALTHCARE

3
8
5

XERO

The following table shows the scores for NZX 50 companies for each dimension.
The maximum score a company can get is 28.

WAREHOUSE GROUP

6

NEW ZEALAND REFINING

7

3

MERCURY NZ

4
5
9

SCALES

10
7

4

HEARTLAND BANK

7
4

SKY NETWORK TELEVISION

3
5
6
8
6

PORT OF TAURANGA

3
5
6
11

ORION HEALTH GROUP

11
6

NZX

3
5
6
7

2

HELLABY HOLDINGS

3
5
6
8
2

GENESIS ENERGY

3
7
10
3

COMVITA

5

A2 MILK

12
9
5

AUUCKLAND INTL. AIRPORT

5
6
10
9
4

ARVIDA GROUP

18

AIR NEW ZEALAND

7
10
3

SANFORD

4

SKY CITY ENTM. GP.

7
9
12
4

FLETCHER BUILDING

3
9
3

FISHER & PAYKEL HLTHCR.

11
4

SPARK NEW ZEALAND

3
9
2

CHORUS

16
4

ARGOSY PROPERTY

5

CONTACT ENERGY

20

Z ENERGY

2
6
5

STRIDE STAPLED GROUP

3
7
11
5

TRADE ME GROUP

2
6
11
4

KATHMANDU HOLDINGS

6
11
5

SUMMERSET GROUP HOLDINGS

6

FREIGHTWAYS

22

MERIDIAN ENERGY

14

KIWI PROPERTY GROUP

New Zealand Corporate Governance Index

2016 financial year end

NZCGI Score
Shareholder structure (out of 3)
Independence (out of 12)

Board (out of 7)
Remuneration (out of 6)

28

26

24

2

1
2

1
3
1
4

7
2

1
3

2
4

5

4

3

4

2
1

04