Corporate governance is defined as the system by which companies are directed and controlled. It involves regulatory and market mechanisms and the roles and relationships between a company’s management, board, shareholders and other stakeholders and the goals for which the company is governed.
Eimskip has issued a Corporate Governance Statement that describes the accepted practices in the Corporate Governance Guidelines published by the Iceland Chamber of Commerce in cooperation with the Confederation of Icelandic Employees and Nasdaq Iceland. The purpose is to strengthen the infrastructure of Eimskip and increase transparency.
Corporate Governance Statement