Corporate Governance

Giga Solution advocates and acts upon the principles of decent management and operational transparency to achieve better performance while balancing stakeholder’s benefits.  We believe that the basis for successful corporate governance is a sound and effective Board of Directors. In line with this principle, Giga Solution’s Board of Directors established a Compensation Committee in 2011.
Giga Solution has established the “Rules and Procedures of Board of Directors Meetings”, and “Compensation Committee Charter” to govern the operation and process of the Board of Directors and Compensation Committee.

          
Board of Directors

The Board of Directors is the top decision-making body of Giga Solution, and is responsible for the approval of strategic plans and major projects.
Giga Solution’s Board of Directors consists of seven directors and three supervisors possessing professional backgrounds and experience in technology. They are accountable for the company’s operation and supervision.

Compensation Committee

To strengthen the function of compensation management in Board of Directors, Giga Solution established the compensation committee on December, 2011. The Compensation Committee is comprised two independent directors and one independent member. The Committee meets at least two times a year.
 
Internal Audit

Giga Solution's Internal Audit function is an independent unit that reports directly to the Board of Directors. Besides informing the Board during its ordinary meetings, it briefs the Chairman and the CEO on as needed basis.
The charter of Internal Audit is to review the internal controls in the company's processes and to report on those controls with respect to the adequacy, effectiveness, and efficiency of their design as well as their actual functioning on day-to-day basis.
The majority of the audit work is executed according to an annual plan, which needs to be approved by the Board of Directors. Such plan will take into account risks that have been identified. Special audits or reviews are conducted as needed. The combination of the regular audits and the special projects provide management with feedback on the functioning of the internal control system; it gives management an additional channel to learn about existing or possible future weaknesses in the system, and addresses them in a timely manner.
The company supplements the review activities by Internal Audit with documented self-assessments by the departments and operational units. Internal Audit sees to it that these activities do take place, and reviews the submissions to ensure the quality of the process; it consolidates the
results of the self-assessments for the Board of Directors.

Ethics

Giga Solution upholds the highest integrity standards on all of its business activities, including intellectual property protection, appropriate information disclosure, and prohibition of improper advantage.

Risk and Crisis Management

Giga Solution pursues sustainability as the ultimate guiding principle of its business operations. As such, comprehensive risk management and appropriate crisis treatment are important components ensuring sustainable operations. In order to reduce the negative impact and losses resulting from any incidents, to maintain the company’s image, and to guarantee stakeholders’ rights and interests, we works hard to perfect its crisis response.
To ensure the long-term success of the company and to further the corporate goal of building long-term partnerships with customers and the community, we holds shareholder meetings and Board of Director meeting regularly to maintain a high-level of financial transparency. The company consistently meets its obligation as an exemplary corporate citizen by participating in public activities that benefit the community and society as a whole. Moreover, the company closely monitors the changes of policies and laws and makes proper adjustments in internal systems and business activities accordingly to ensure the smooth operation of the company.