Corporate Social Responsibility (IVOR nr. 77) 2010/2.3.2:2.3.2 Corporate governance

Corporate Social Responsibility (IVOR nr. 77) 2010/2.3.2

2.3.2 Corporate governance

Documentgegevens:

Mr. T.E. Lambooy, datum 17-11-2010

Datum: 17-11-2010
Auteur: Mr. T.E. Lambooy
JCDI: JCDI:ADS363402:1
Vakgebied(en): Ondernemingsrecht (V)

The development of corporate governance is aimed at restoring investors' confidence in (i) the integrity of the board of directors of listed companies and

(ii) the proper functioning of the capital market in general.1 In addition, corporate governance intends to create shareholder value in the long term.2

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Voetnoten

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For a historical overview of the Dutch corporate governance situation, see A.W.A. Boot, Corporate Governance: hoe verder [Corporate Governance: Which way forward?], (University of Amsterdam, Finance Group 1999).

The Dutch corporate governance code (Tabaksblat Code), Kamerstukken II 2003-2004, 29 449, no 1 (letter of 1 March 2004 by the Dutch Minister for Finance, the Minister of Justice and the Minister of Economic Affairs), p.1.