20-2 Standards of Corporate Governance, 2006

Summary

The Standards of corporate governance for joint stock companies determine detailed mechanisms for functioning and protection of interests in mutual relationships of various stakeholders in the joint stock company. Recommendations and suggestions in the text of the Standards are given with the words “should” and “may”. The joint stock companies are not legally responsible to apply them, but are in that event liable to publish explanation for failing to do so.

Thumbnail image for The Standards of corporate governance for joint stock companies determine detailed mechanisms for functioning and protection of interests in mutual relationships of various stakeholders in the joint stock company. Recommendations and suggestions in the text of the Standards are given with the words “should” and “may”. The joint stock companies are not legally responsible to apply them, but are in that event liable to publish explanation for failing to do so.

Issuer

Bosnia and Herzegovina

Year

2006

Region

Europe

Issuer (type)

Srpska Securities Commission; Banja Luca Stock Exchange (Financial Regulator, Stock Exchange)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary

Main industries targeted

Finance & Insurance
Professional, Scientific, & Technical Services
Information
Transportation & Warehousing

Restrictiveness

Very High

Sustainable Development Goals (SDGs)

SDG 5: Gender Equality
SDG 6: Clean Water and Sanitation
SDG 14: Life Below Water
SDG 16: Peace, Justice, and Strong Institutions
SDG 17: Partnerships for the Goals