A revised edition of the AFEP-MEDEF corporate governance code for listed companies has been published and is available, in French, here (pdf). The press release accompanying publication of the new code is available here (pdf). A 'say on pay' vote is being given to shareholders in respect of executive directors' remuneration and companies' compliance with the code will be monitored by a new committee. The new code also seeks to improve companies' 'comply or explain' disclosures.
Monday 24 June 2013
France: AFEP-MEDEF corporate governance code for listed companies - revised edition published
A revised edition of the AFEP-MEDEF corporate governance code for listed companies has been published and is available, in French, here (pdf). The press release accompanying publication of the new code is available here (pdf). A 'say on pay' vote is being given to shareholders in respect of executive directors' remuneration and companies' compliance with the code will be monitored by a new committee. The new code also seeks to improve companies' 'comply or explain' disclosures.
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