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The Governance of Listed Companies, 1998

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Summary

This Commission believes that the general supervisory function is the most genuine function of the Board of Directors in listed companies, and it identifies three basic responsibilities within that function: to guide the company's policy, control its management echelons and liaise with the shareholders.

Issuer

Spain

Year

1998

Region

Europe

Issuer (type)

National Securities Market Commission; Comisión Nacional del Mercado de Valores (CNMV) (Financial Regulator)

Instrument type

Code

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Voluntary

Text analysis

    • Moderate 0.63%
    • Low 0.03%
    • E focus: environment
    • S focus: human capital, recruitment, diversity
    • G focus: audit, financial reporting, internal control, accountability
    • Finance, Management, Professional services, Public administration