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Belgian Corporate Governance Code, 2004

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Summary

This Code's main objective is to support long-term value creation. Business success demonstrates that good governance leads to creation of wealth, not only for shareholders but also for all other stakeholders. Recent examples of corporate malpractice, however, have shown that failing corporate governance may lead to significant losses well beyond the loss of shareholder capital.

Thumbnail image for This Code's main objective is to support long-term value creation. Business success demonstrates that good governance leads to creation of wealth, not only for shareholders but also for all other stakeholders. Recent examples of corporate malpractice, however, have shown that failing corporate governance may lead to significant losses well beyond the loss of shareholder capital.
Issuer

Belgium

Year

2004

Region

Europe

Issuer (type)

Corporate Governance Committee (Industry)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


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

Very High

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality

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