Corporate Governance

One of TVA’s strategic objectives is to strengthen working relationships with all of its stakeholders. TVA believes that part of meeting this objective is employing sound governance and disclosure practices.

Disclosure Control Policy

TVA has adopted a Disclosure Control Policy which provides a framework for TVA to meet its obligations to disclose material information to the investment community and help investors develop and maintain realistic expectations regarding the performance of TVA and its securities.

Disclosure and Financial Ethics Code

TVA has a Disclosure and Financial Ethics Code which covers officers and certain employees involved in the preparation or review of financial information or other information for public disclosure in connection with TVA securities, and is designed to provide greater assurance that the information TVA discloses is accurate and complete.

Information Certification Policy

TVA's Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q are certified by the Chief Executive Officer, and the Chief Financial Officer.

Recently, the Consolidated Appropriations Act, 2005, was signed into law. The Bill changed TVA’s management structure, and requires TVA to file financial reports with the Securities and Exchange Commission (SEC). Learn more about these changes in Questions and Answers Regarding Recent Legislative Changes to TVA.

Congressional Oversight

The House Transportation and Infrastructure Committee and the Senate Environment and Public Works Committee are the two congressional bodies that retain oversight responsibilities of TVA.

The TVA Act of 1933 as amended (176 kb, PDF)
TVA’s congressional charter, the TVA Act of 1933, defines the range of TVA’s business activities.

 

Meet the TVA Board of Directors and Executive Vice Presidents