Corporate Governance is generally associated with meeting legal obligations and complying with defined reporting formats. These statutory requirements have been established to ensure sustained business value (in the form of a going concern) and fair treatment of all shareholders.
But that’s not the whole story.
We believe that there is also great potential for increasing business value through a strategic approach to the Corporate Governance model. This is an opportunity for mature companies as well as younger growth companies.
The Swedish Corporation Act (”ABL”) and the Swedish Corporate Governance Code’s self-regulating guidelines provide the foundation for the Swedish Corporate Governance model for Limited Companies (Aktiebolag). There are four defined ”company bodies” (bolagsorgan) – Owners, Board, CEO and Auditor – which balance each other to ensure and enhance business value. Each of these bodies has defined responsibilities and mandates but the objective for all of them should always be what is best for the company and all shareholders.
In the context of sustaining and increasing business value, Corporate Governance concerns everyone in the company, from owners to the members of the board, the operational team managed by the CEO, and the auditor.
The additional business value potential lies in fully leveraging the integrity and dynamics between these four company bodies. Burro Advisors helps you achieve that.
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