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The Corporate Governance Code for The Companies Listed on National Stock Exchange of Lithuania, 2004

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Summary

The principle objectives of this Code include recommending the listed companies what basic principles they should follow in order to ensure equal understanding of transparent management and operation not only by domestic but also by foreign investors; encouraging the listed companies to improve their governance framework and disclosure of information on their activities; encouraging the listed companies to enhance quality management as a means to improve the company's performance; promoting the activities of the listed companies on the international level and enhance confidence of domestic and foreign investors as well as other stakeholders in the companies and their governance framework and promoting activities of the National Stock Exchange of Lithuania on the international level, to bolster confidence of domestic and foreign investors in the Lithuanian capital market.

Thumbnail image for The principle objectives of this Code include recommending the listed companies what basic principles they should follow in order to ensure equal understanding of transparent management and operation not only by domestic but also by foreign investors; encouraging the listed companies to improve their governance framework and disclosure of information on their activities; encouraging the listed companies to enhance quality management as a means to improve the company's performance; promoting the activities of the listed companies on the international level and enhance confidence of domestic and foreign investors as well as other stakeholders in the companies and their governance framework and promoting activities of the National Stock Exchange of Lithuania on the international level, to bolster confidence of domestic and foreign investors in the Lithuanian capital market.
Issuer

Lithuania

Year

2004

Region

Europe

Issuer (type)

National Stock Exchange of Lithuania (Stock Exchange)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • Information
  • Real Estate, Rental & Leasing
  • Professional, Scientific, & Technical Services
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality
  • SDG 6: Clean Water and Sanitation
  • SDG 14: Life Below Water

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