Kandidatuppsats
Bolagsstyrning och tillgänglighet
Hur funkar det?
- The Swedish Code of corporate governance
- Corporate governance
- Svensk kod för bolagsstyrning
- Koden
- Bolagsstyrning
- Bolagskoden
- Large Cap
Sammanfattning
Abstract
The OMX Nordic Exchange Stockholm requires all large companies to apply the Swedish Code of
Corporate Governance. A revised code will be applied from July 2008. The purpose of this paper is to
identify the accessibility of information on corporate governance and in particular how the compliance,
concerning the Swedish Code of Corporate Governance in the perspective of an internet active general
public.
This paper is a complete census of the companies at the OMX Nordic Exchange Stockholm who
complies with the code. Each company website has been visited and a comparison between the sectors
at the OMX Exchange Stockholm has been performed.
Results: 96% of the companies present the members of the nomination committee. 94% presents the
nomination committees proposal of the company board members, though only 33% of the companies in
the Energy sector. 37% of the companies present all of the facts according to the code about the
proposed board members. The Materials- and Telecommunication Service sectors presents the facts in
the most extent (100%). 88% of the companies presents the process for deciding on remunerations to
members of the executive management, though only 33% of the companies in the Energy sector. 28% of
the companies presents all of the facts according to the code about the remunerations to members of the
executive management. 46% of the companies has a special section for corporate governance on the first
page of the company website. The companies in the Energy- and the Health Care sectors have corporate
governance on the first page more often then the other sectors. The Rezidor Hotel Group AB is the
company that, according to the paper, best comply with the Swedish Code of Corporate Governance
concerning accessibility for the internet active general public.
Conclusions: The companies comply well with the code concerning the publicity of documents, but are
being more careless when it comes to details. For an internet active general public who lacks knowledge
about terms of corporate governance it can be complicated to get accessibility to information concerning
corporate governance. The Energy sector more rarely presented facts according to the code but more
often had a special section for corporate governance at the first page of the company website.