Summary
The principle objectives of the Code are the following: recommend the listed companies what basic principles they should follow in order to ensure equal understanding of transparent management and operation not only by domestic but also by foreign investors, encourage the listed companies to improve their governance framework and disclosure of information on their activities, encourage the listed companies to enhance management quality as means to improve the company’s performance, promote the activities of the listed companies on the international level and enhance confidence of domestic and foreign investors as well as other stakeholders in the companies and their governance framework, promote activities of NASDAQ OMX Vilnius on the international level, to bolster confidence of domestic and foreign investors in the Lithuanian capital market.