ABB Corporation has just issued two important internal regulations, including regulations on corporate governance and regulations on the operations of the Board of Directors. The corporate governance regulation aims to enhance management efficiency, ensuring transparency and accountability in the company’s activities. Meanwhile, the internal regulation on the Board’s operations clearly defines the functions, duties, powers, and work processes of the Board, ensuring decisions are made reasonably and effectively. The issuance of these regulations reflects ABB’s commitment to adhering to modern governance principles and establishing a solid foundation for sustainable development in the future.
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