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Corporate Governance Code in Montenegro

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Summary

The Code is primarily intended to joint stock companies whose shares are listed at the Stock Exchange. The purpose of the Code is to thoroughly define principles of managing and governing of joint stock companies. In addition, the recommended practice may be applied to other companies accepting transparent and clear governance system, hence promoting trust of local and foreign investors, employees, and the public into the Montenegro system of corporate governance.

Thumbnail image for The Code is primarily intended to joint stock companies whose shares are listed at the Stock Exchange. The purpose of the Code is to thoroughly define principles of managing and governing of joint stock companies. In addition, the recommended practice may be applied to other companies accepting transparent and clear governance system, hence promoting trust of local and foreign investors, employees, and the public into the Montenegro system of corporate governance.
Issuer

Montenegro

Year

2009

Region

Europe

Issuer (type)

Montenegro Stock Exchange (Stock Exchange)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • Information
  • Professional, Scientific, & Technical Services
Restrictiveness

Moderate

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality

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