145-9 Code of Best Practice for WSE Listed Companies, 2012

Summary

“The Code of Best Practice for WSE Listed Companies” aims at enhancing transparency of listed companies, improving quality of communication between companies and investors, and strengthening protection of shareholders’ rights, including those not regulated by legislation, while refraining from imposing a burden on listed companies that may outweigh the benefits resulting from market needs. The Code of Best Practice therefore only addresses those areas where its application may have a positive impact on the market valuation of companies, thus reducing the cost of capital.

Thumbnail image for “The Code of Best Practice for WSE Listed Companies” aims at enhancing transparency of listed companies, improving quality of communication between companies and investors, and strengthening protection of shareholders’ rights, including those not regulated by legislation, while refraining from imposing a burden on listed companies that may outweigh the benefits resulting from market needs. The Code of Best Practice therefore only addresses those areas where its application may have a positive impact on the market valuation of companies, thus reducing the cost of capital.

Issuer

Poland

Year

2012

Region

Europe

Issuer (type)

Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie (Stock Exchange)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Information
Education

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 5: Gender Equality
SDG 14: Life Below Water
SDG 17: Partnerships for the Goals

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