Summary
Resolution of the Council of Ministers No. 113/2005 is a Portuguese government resolution that aimed to promote the improvement of corporate governance practices in the country. The resolution created a national program for corporate governance, which included several measures to promote transparency, accountability, and fairness in the corporate sector. The program's main objectives were to promote good governance practices in listed companies, improve the quality of financial information provided by companies, strengthen the role of auditors, and encourage the participation of shareholders in corporate decision-making. The resolution also called for the adoption of a corporate governance code by companies listed on the Portuguese stock exchange.