PRA Investorroom
Corporate Governance
The Board of Directors of PRA Group, Inc. sets high standards for the company’s employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the company’s business. To fulfil its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deem appropriate in the best interests of the company or as required by applicable laws and regulations.
Our Corporate Governance policies foster trust among our stakeholders by requiring independent oversight, facilitating board refreshment, incorporating stockholder rights and alignment, and prohibiting illegal hedging and pledging. Our Code of Conduct, which is a component of our Corporate Governance framework, details how Code violations can be reported via Ethics Point, which is our third-party hotline that is accessible 24 hours a day, seven days a week for stakeholders, including any whistleblower.
