This code was produced by: Swedish Corporate Governance Board
The aim of the Swedish Corporate Governance Code, (“the Code”), is to improve
confidence in Swedish listed companies by promoting positive development of corpo
rate governance in these companies. The Code acts as a complement to legislation and
other regulations by specifying a set of norms for good corporate governance at a higher
level of ambition than that required by the statutory regulation. However, this norm is
not mandatory. Companies may deviate from individual rules, providing they report
each deviation, describe their own solution and explain their decision. In this way, the
actors in the market can form their own opinions regarding the solution the company
has chosen.
confidence in Swedish listed companies by promoting positive development of corpo
rate governance in these companies. The Code acts as a complement to legislation and
other regulations by specifying a set of norms for good corporate governance at a higher
level of ambition than that required by the statutory regulation. However, this norm is
not mandatory. Companies may deviate from individual rules, providing they report
each deviation, describe their own solution and explain their decision. In this way, the
actors in the market can form their own opinions regarding the solution the company
has chosen.