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Corporate Governance Code for the Companies Listed on the NASDAQ Vilnius

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Summary

The key objectives of this Corporate Governance Code for the Companies Listed on Nasdaq Vilnius (hereinafter referred to as the “Code”) include recommending the companies what basic principles they should follow in order to ensure the uniform understanding of the transparency of their management and business operations not only by domestic but also by foreign investors; encouraging the companies to improve their governance framework and disclosure of information on their business operations; encouraging the companies to ensure the quality of governance as means to improve the company's performance; enhancing confidence of domestic and foreign investors and other stakeholders in the companies and their governance framework; disseminating information on the activities of Nasdaq Vilnius on the international level and boost the confidence of domestic and foreign investors in the Lithuanian securities market.

Thumbnail image for The key objectives of this Corporate Governance Code for the Companies Listed on Nasdaq Vilnius (hereinafter referred to as the “Code”) include recommending the companies what basic principles they should follow in order to ensure the uniform understanding of the transparency of their management and business operations not only by domestic but also by foreign investors; encouraging the companies to improve their governance framework and disclosure of information on their business operations; encouraging the companies to ensure the quality of governance as means to improve the company's performance; enhancing confidence of domestic and foreign investors and other stakeholders in the companies and their governance framework; disseminating information on the activities of Nasdaq Vilnius on the international level and boost the confidence of domestic and foreign investors in the Lithuanian securities market.
Issuer

Lithuania

Year

2019

Region

Europe

Policy Type

Other sustainability policy

Geographical scope

National

Mandatory or voluntary

Voluntary


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

Very High

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality
  • SDG 6: Clean Water and Sanitation
  • SDG 14: Life Below Water
  • SDG 17: Partnerships for the Goals

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