Every statutory Crown entity is expected to have a board governance manual that reflects good practice standards.
Governance includes the processes by which organisations are directed, controlled and held to account.
This guidance seeks to improve the standard of governance manuals so that board members are able to meet the expectations of Ministers. It also aims to strengthen the public's trust by promoting consistent practices in key areas, such as declaring interests or dealing with gifts.
This guidance is a resource to support the preparation of such manuals, recognising that the fundamentals of good governance are common to all entities, despite their widely-differing roles and relationships.
Crown entity governance is different from governance in the private or not-for-profit sectors. Governance in the State sector has added obligations and complexities derived from the ethos of public service, the ministerial role and relationships, and the impact that Crown entities have on individuals, business and communities in New Zealand.