A premise of good CG is that the behaviour and performance of management is ultimately subject to an appropriate level of oversight of the owners of the company. In practice, the ability to engage in oversight depends on information transparency via timely and adequate disclosures and the ability of shareholders to be involved in decision-making on matters of significance - both of which have been discussed in Sections 3.3 and 3.4.
This section takes as its primary concern certain mechanisms by which the accountability of management to shareholders is directly established, including the ability of shareholders to seek redress in respect of inadequate disclosures (Section 3.6.1), the ability of shareholders to hold management to account where it has failed to adhere to standards expected of them as a publicly listed company (Section 3.6.2), board refreshment via the rotation of directors (Section 3.6.3), and the role and appointment of INEDs (Section 3.6.4; this topic is again taken up in Section 3.7 Part C where the effectiveness of INEDs is considered).