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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.

Issuer

Belgium

Year

2004

Region

Europe

Issuer (type)

Corporate Governance Committee (Industry)

Instrument type

Code

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Moderate 0.60%
    • Moderate 0.24%
    • E focus: environment
    • S focus: diversity, value creation, compensation
    • G focus: audit, financial reporting, internal control, risk management, accountability
    • Finance, Management, Professional services