Transparency

14 principles of good governance for unlisted companies

May 02, 2019

The publication "Corporate Governance Guidance and Principles for Unlisted Companies in the Baltics" is the Baltic edition of pan-European guidance developed by the European Confederation of Directors' Associations (ecoDa). It has been adapted to the Baltic business context by the Baltic Institute of Corporate Governance (BICG).

The publication has been developed with the aim of creating a better governed Baltic region. Unlisted companies are welcome to use this framework to ensure their long-term sustainability, to bring external parties to their boards, to attract funds and to solve issues between shareholders and other stakeholders. 

It provides guidance and 14 voluntary best practice principles for Baltic companies, drawing on both the content of existing national and international corporate governance codes and the experience of good governance in individual unlisted enterprises.

To view the publication in English
To view the publication in Latvian 

 

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