The Norwegian Code of Practice for Corporate Governance

The purpose of the Code of Practice is to clarify the respective roles of shareholders, board of directors and executive officers beyond the requirements of the legislation. Oslo Børs stipulates that companies listed on Oslo Børs must annually publish a statement on the company’s principles for corporate governance in accordance with the Norwegian Code of Practice for Corporate Governance - or the equivalent code for companies with a primary listing on a foreign stock exchange. The Code of Practice has been produced and published by the Norwegian Corporate Governance Board (NUES). NUES is monitoring the need for adjustments of the code which will be published when deemed appropriate. A new edition was issued on 21 October 2009, replacing the edition of 4 December 2007.

Read the code

 

Press release

The prize for the best report on corporate governance in 2008 annual reports is awarded to DnB NOR ASA

Consultation paper proposing amendments and additions to the Norwegian Code of Practice for Corporate Governance (the “Code of Practice”)

The Norwegian Corporate Governance Board (NUES) has issued a consultation paper proposing amendments and additions to the Norwegian Code of Practice for Corporate Governance (the “Code of Practice”).

Report on Nordic Corporate Governance

A joint working group of the code monitoring bodies of the five Nordic countries has produced an overview of the main features of the "Nordic corporate Governance"