The term corporate governance refers to the entire system of managing and supervising a company. This includes: organisation, the principles of company policy, guidelines and internal and external management and monitoring mechanisms. The Dutch Corporate Governance Code (Code Frijns) published in 2008 is oriented towards internationally and nationally recognised standards of good and responsible management. It includes recommendations on the management and supervision of companies listed on the stock exchange.
The Code aims to promote trust among national and international investors, customers, the financial markets, employees and the public in the management and supervision of Dutch listed stock corporations (naamloze vennootschappen).
Here you can download an English translation of the Dutch Corporate Governance Code.
» Corporate Governance Code
According to the Dutch Civil Code (Burgerlijk Wetboek) (Section 2:391, Paragraph 3) as a listed company Smartrac N.V. is obliged to disclose in its annual financial statements to what extent certain recommendations of the Code have been or are being complied with, and which of these recommendations have not been or are not being complied with, and to explain any deviations from these recommendations.
Smartrac N.V. intends to comply with most of the recommendations and suggestions of the Code.
In the annual financial statements for 2008, Smartrac N.V. disclosed whether and to what extent certain recommendations have been complied with, and explained why recommendations have not been complied with.
The Code aims to promote trust among national and international investors, customers, the financial markets, employees and the public in the management and supervision of Dutch listed stock corporations (naamloze vennootschappen).
Here you can download an English translation of the Dutch Corporate Governance Code.
» Corporate Governance Code
According to the Dutch Civil Code (Burgerlijk Wetboek) (Section 2:391, Paragraph 3) as a listed company Smartrac N.V. is obliged to disclose in its annual financial statements to what extent certain recommendations of the Code have been or are being complied with, and which of these recommendations have not been or are not being complied with, and to explain any deviations from these recommendations.
Smartrac N.V. intends to comply with most of the recommendations and suggestions of the Code.
In the annual financial statements for 2008, Smartrac N.V. disclosed whether and to what extent certain recommendations have been complied with, and explained why recommendations have not been complied with.
