Corporate Governance: Introduction
| On 9 December 2003 the Corporate Governance Committee published the final Corporate Governance Code for the Netherlands (‘the Code’), which took effect on 1 January 2004. The Code sets out the principles and concrete recommendations to be observed by the persons involved with a company (including members of the Board of Management and Supervisory Board) and parties (including institutional investors) in their dealings with each other. |
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The Code aims to improve the governance of listed companies, to increase confidence in the good and responsible management of companies. The Board of Management and the Supervisory Board place great importance on good corporate governance and optimal transparency. The majority of the principles laid down in the Code already form the basis of the company’s present corporate governance structure. The Board of Management and the Supervisory Board accept the Code as a new objective for the further broadening and deepening of the present corporate governance structure of the company. | ||||||||||||||||||||||||||
