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Finnish Corporate Governance Code (Preliminary translation) 2008

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Summary

The Corporate Governance Recommendation for Listed Companies issued in 2003 has been regarded as well-functioning and of an internationally high standard. All listed companies and many unlisted companies apply it to their operations. The recommendation has essentially improved the corporate governance systems of Finnish companies. New regulations and international development have, however, given rise to the need to update the recommendation. In addition, it has become necessary to improve international investors’ access to information about the Finnish corporate governance system. as a whole and, above all, the rights of shareholders.

Thumbnail image for The Corporate Governance Recommendation for Listed Companies issued in 2003 has been regarded as well-functioning and of an internationally high standard. All listed companies and many unlisted companies apply it to their operations. The recommendation has essentially improved the corporate governance systems of Finnish companies. New regulations and international development have, however, given rise to the need to update the recommendation. In addition, it has become necessary to improve international investors’ access to information about the Finnish corporate governance system. as a whole and, above all, the rights of shareholders.
Issuer

Finland

Year

2008

Region

Europe

Issuer (type)

Securities Market Association (Industry)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


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

Moderate

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

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