Corporate Governance

The primary regulatory framework is the Swedish Companies Act (aktiebolagslagen). In addition, since 2005 Sweden has had a Swedish Corporate Governance Code.

Over the years, the Companies Act and the Corporate Governance Code have been gradually aligned. The Swedish Corporate Governance Code is mandatory for all companies whose shares are listed on a regulated market. However, it can also be beneficially applied or adapted by other companies or organizational forms to create a balanced structure between the board of directors, management, and owners.

The Code contains rules regarding the composition of the board, the nomination committee, and other aspects, including the management of conflicts of interest related to the executive management or significant individual shareholders. It also sets out requirements for enabling shareholder communication and influence, the board’s overarching responsibility for internal control within the organization, and the reporting of both financial and non-financial information to the company’s owners.

For information about the company code, see www.bolagsstyrning.se/koden

We can help you create the conditions for good corporate governance, develop a suitable model for reporting your application of the Code in a corporate governance report, and, of course, we can also issue review reports covering the corporate governance report, the board’s and CEO’s management, and related matters.