Corporate Governance Code (CGC) is designed, above all, for companies whose shares have been admitted to trading on a regulated market in Estonia. Corporate Governance Code is a set of rules and principles, the observance of which offers investors and interested parties a sufficient opportunity for supervision over the company’s governance, and helps guarantee investors and shareholders equal treatment. Since the provisions of Corporate Governance Code are recommendations by nature, the company need not observe all of them. However, where the company does not comply, it has to provide an explanation in its corporate governance report which is a separate part of its annual report.
Download the Corporate Governance Code in PDF format here (99 KB).