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).



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


The geographical scope


Project Partners