Recommendations on Corporate Governance, 2014

Europe Upcoming 2014

The recommendations supplement company law and stock exchange regulation as well as the requirements for financial reporting in Denmark on a “comply or explain” basis. There is a requirement to publish a corporate governance report (part of management commentary in the Annual Report) regarding companies’ compliance with the principles of corporate governance.  Section 5 of the Recommendations require that the Annual Report and other financial reports be supplemented by additional financial and non-financial information, if deemed necessary or relevant in relation to the information needs of the recipients (report users).

Scope

Governance

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All listed companies

Issuer type

Stock Exchange

Type of instrument

Code of conduct or guideline

Mandatory or voluntary

Mandatory

The geographical scope

National

Project Partners