- Title
- Swedish listed companies: the use of risk and committee governance techniques
- Creator
- Barnes, Lisa R.
- Relation
- International Journal of Strategic Mangaement Vol. 1, Issue 1
- Relation
- http://www.iabe.com/domains/iabeX/journal.aspx?journalid=13
- Publisher
- International Academy of Management
- Resource Type
- journal article
- Date
- 2008
- Description
- Corporate Governance is not a new concept. But, the spate of recent large scale corporate collapses has been a catalyst for popularising the prescription of governance regimes such as that issued by the Swedish Stock Exchange in 2005. After two years of implementation this study addresses specifically the ways in which the listed companies embrace the governance concepts of risk management, and the use of committees. This study analyses the 295 listed companies on the exchange for 2006, and concludes that although only the large corporations are required to follow the governance guidelines, it appears that the small and medium listed companies are also embracing it as best practice on a voluntary basis. The use then of risk management techniques coined Risk Governance, and the use of committees such as election, audit and remuneration, coined Committee Governance, are popular governance techniques of listed Swedish companies.
- Subject
- corporate governance; risk governance; committee governance
- Identifier
- http://hdl.handle.net/1959.13/42851
- Identifier
- uon:4996
- Identifier
- ISSN:1555-2411
- Language
- eng
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