Corporate governance

Corporate governance encompasses the relationships between the management board, the supervisory board, shareholders and other stakeholders. It ensures a balance between management, oversight and accountability, with transparency and integrity at its core. In the Netherlands, this framework is also shaped by the Dutch Corporate Governance Code.

Its relevance lies in promoting sound governance, mitigating the risks of misconduct and strengthening the confidence of investors and society at large. Without adequate corporate governance, companies may face liability issues or reputational damage.

In practice, corporate governance is regularly assessed through annual reports, compliance programmes and shareholders’ meetings, with any deviations from the Code required to be explained.