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Corporate Governance in Denmark - The Nørby Committees report, 2001

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Summary

There are several objectives in preparing recommendations for good corporate governance: (1) to make it more attractive to invest in Danish listed companies and to improve Danish companies’ access to funds by attracting foreign investments among others. (2) To inspire Danish companies as well as their directors and managers to tackle the strategic challenges resulting from the globalisation, and in so doing, strengthen the companies’ competitiveness. (3) To promote good corporate governance in Danish companies by stimulating the debate about corporate governance. Apart from the stated objectives the recommendations will hopefully be able to support the changed Danish share culture, which has led to even more individuals owning shares, by creating increased confidence in the companies. In addition to this, an increased focus on the managements of the company and their work may very well mean that the quality of the managements’ work is lifted in general.

Thumbnail image for There are several objectives in preparing recommendations for good corporate governance: (1) to make it more attractive to invest in Danish listed companies and to improve Danish companies’ access to funds by attracting foreign investments among others. (2) To inspire Danish companies as well as their directors and managers to tackle the strategic challenges resulting from the globalisation, and in so doing, strengthen the companies’ competitiveness. (3) To promote good corporate governance in Danish companies by stimulating the debate about corporate governance. Apart from the stated objectives the recommendations will hopefully be able to support the changed Danish share culture, which has led to even more individuals owning shares, by creating increased confidence in the companies. In addition to this, an increased focus on the managements of the company and their work may very well mean that the quality of the managements’ work is lifted in general.
Issuer

Denmark

Year

2001

Region

Europe

Issuer (type)

The Nørby Committee (Nørby Komitéen) (Government)

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • 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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