Gränges has not reported any deviations from the Code regarding the financial year 2019.
Good corporate governance ensures that the company is run as sustainably, responsibly, and efficiently as possible in the interests of the shareholders. Good corporate governance creates order and system for the Board of Directors and management, and contributes to increased trust and confidence among existing and potential owners, customers, legislators, the public and other stakeholders. In this way, industry’s freedom to develop is ensured, as is the supply of risk capital and competence.
Corporate governance describes the relationship between corporate bodies according to applicable laws, rules and processes.
The governance, management, and control of Gränges are distributed between the shareholders at the Annual General Meeting, the Board of Directors (the Board) and the CEO under Swedish Company Law, the Swedish Code of Corporate Governance and the Articles of Association.