Team Project Part 3
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Reference.docx
“DaVita is guided by its Mission—to become the provider, partner and employer of choice—and a set of Core Values—Service Excellence, Integrity, Team, Continuous Improvement, Accountability, Fulfillment and Fun—which are reinforced at all levels of the organization.” DaVita is committed to strong corporate governance policies and practices, as well as compliance with federal and state laws. DaVita’s corporate governance is composed of a board and a committee. The Board will determine its leadership structure in a manner that it determines to be in the best interests of the Company and its stockholders, including the selection of the Chair of the Board (the “Chair”). As of June 1, 2020, the position of Chair shall be held by an independent director of the Board (an “independent director”) and shall not be held by an executive officer, including the Chief Executive Officer of the Company (the “CEO”). The Board may form committees that consist of one or more Directors in accordance with the Bylaws of the Company. The Board shall at all times have an Audit Committee, a Compensation Committee and a Nominating and Governance Committee. This governance and organizational structure have immense impact on daily activities and operations of DaVita. The valuations discussed in part two have direct correlation with decisions made by these committees. The ratios may not seem like they have a relation with the structure and governance of an organization, but they truly do. Stockholders gain important information from committee decisions, and this can have a direct impact on stock prices and how DaVita and other companies can be valued amongst investors. Corporate governance is important because it creates a system of rules and practices that determines how a company operates and how it aligns the interest of all its stakeholders. Good corporate governance leads to ethical business practices, which leads to financial viability. In turn, that can attract investors.
https://www.davita.com/about/corporate-governance
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