Name: NZX Corporate Governance Database
Creator: NZX Governance Explorer

Question 1

What is the NZX Governance Explorer?

Accepted Answer

The NZX Governance Explorer is a comprehensive database tracking corporate governance information for all NZX-listed companies. We collect and analyze data on directors, board committees, shareholder resolutions, executive compensation, and financial performance to provide transparency and insights into New Zealand's public companies.

Question 2

Where does the data come from?

Accepted Answer

We source our data from official company disclosures including annual reports, AGM notices and results, NZX announcements, and financial statements. All information is extracted from publicly available documents and verified for accuracy.

Question 3

How often is the data updated?

Accepted Answer

We continuously monitor NZX announcements and update company information as new disclosures are released. Financial data is typically updated annually after companies release their annual reports. You can see the "last updated" timestamp on each company's page and in our rankings.

Question 4

What is the Company Data Quality Score?

Accepted Answer

The Company Data Quality Score (0-100) measures the completeness of information we have for each company. It's calculated based on five categories: Financial Statements (25 pts), AGM Data (20 pts), Directors (20 pts), Board Committees (20 pts), and Executive Compensation (15 pts). A higher score means we have more comprehensive data, not that the company is better managed. See our Data Quality page for full methodology.

Question 5

What is the Director Profile Quality Score?

Accepted Answer

The Director Profile Quality Score (0-100) measures how complete a director's profile information is in our database. It evaluates five areas: Biography & Background (30 pts), Career History (35 pts), Board Positions (15 pts), Voting Records (10 pts), and Financial Data (10 pts). Profiles with scores below 40% are flagged as "Incomplete" and prioritized for data updates. You can filter directors by quality score on the Directors page to find profiles needing improvement.

Question 6

What is "Pay for Failure" detection?

Accepted Answer

Our "Pay for Failure" detection system identifies instances where director compensation increased by >10% while company performance declined. We flag three tiers: 🔴 CRITICAL (pay increased while stock/revenue/profit declined significantly), 🟠 WARNING (pay increased while performance was flat), and 🟡 CAUTION (pay growth outpaced stock performance). The system accounts for partial year appointments and includes methodology disclaimers. This is for transparency and accountability - not financial advice. See /insights/pay-for-failure for full details.

Question 7

What are "Shareholder Heroes"?

Accepted Answer

Our "Shareholder Heroes" recognition system identifies directors who demonstrated pay restraint when their companies performed strongly. We recognize three tiers: 🟢 EXEMPLARY (stock up >20% while pay stayed flat or decreased), 🔵 COMMENDABLE (stock up >15% while pay increased <5%), and 🟡 ALIGNED (pay growth less than half of stock returns). These directors prioritized shareholder value over maximizing personal compensation, setting positive examples for board stewardship. See /insights/shareholder-heroes for the Hall of Fame.

Question 8

How are director connections calculated?

Accepted Answer

Our Director Network visualizations map connections between directors who serve on multiple boards. If two directors both serve on Company A's board, they are considered connected. This helps identify the "interlocking directorate" phenomenon where a small group of individuals hold multiple board positions across different companies.

Question 9

What does "Average Director Support" mean?

Accepted Answer

Average Director Support shows the percentage of votes cast in favor of director elections and re-elections at a company's AGMs. For example, if three directors were up for election and received 95%, 92%, and 88% support respectively, the average would be 91.7%. Lower support percentages may indicate shareholder concerns about board composition or governance.

Question 10

Can I download or export the data?

Accepted Answer

Currently, all data is available for viewing on the website. We are working on adding export functionality for premium features. If you need specific data for research or analysis, please contact us.

Question 11

How accurate is the data?

Accepted Answer

We use a combination of automated extraction and manual verification to ensure accuracy. However, given the volume of data and complexity of corporate disclosures, occasional errors may occur. If you spot an inaccuracy, please let us know so we can correct it.

Question 12

Why do some companies have incomplete data?

Accepted Answer

Data completeness varies due to several factors: (1) disclosure practices differ between companies, (2) smaller companies may provide less detailed governance information, (3) newly listed companies have shorter track records, and (4) we may have recently added the company to our database and are still collecting historical data.

Question 13

Is this data suitable for investment decisions?

Accepted Answer

This platform is designed for research and transparency purposes. While governance factors can be relevant to investment analysis, this data should not be the sole basis for investment decisions. Always conduct thorough due diligence and consider consulting with financial advisors before making investment decisions.

Question 14

How can I contact you or report an issue?

Accepted Answer

We welcome feedback, corrections, and suggestions. You can reach us at hello@nzxplorer.co.nz. Please include specific details about any data issues you've identified, including the company name and the nature of the error.

Frequently Asked Questions

Data Quality Metrics

Browse Companies

Director Network