Recommendations on Corporate Governance (2014)

Issuer name

Committee on Corporate Governance

Government ministry

Business/Trade/Industry

More information

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).

Comply or explain

True

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Publicly traded companies

Industry scope

All/none specified

Disclosure venue

Corporate Governance Report; annual report

ESG coverage- G (Governance)

All