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Global - Sweden
The Swedish Corporate Governance Code
Global - Sweden
The Swedish Corporate Governance Code
1/1
Applicable to
1
Gender
Yes
2
Minorities
3
LGBTQ+
4
Veterans
Key requirements
With a "Comply or Explain" model, the code not specifically mention gender, but states that the board of directors shall be composed so that it "sufficiently reflects the competence and expertise required to govern a listed company and to comply with the obligations of such a company."
Scope
As of 2008, the target group for the Code is all companies whose shares or depositary receipts are listed on a regulated market in Sweden. At present, there are two regulated markets in Sweden, Nasdaq Stockholm and NGM Equity.
Penalties
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