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Norway: Corporate Governance on the Outskirts of the EU

IN COMPARATIVE CORPORATE GOVERNANCE, Andreas Fleckner and Klaus J. Hopt (eds), Cambridge University Press, 2013

University of Oslo Faculty of Law Research Paper No. 2013-18

Nordic & European Company Law Working Paper No. 10-39

53 Pages Posted: 22 Jun 2013 Last revised: 11 Nov 2013

Beate Sjåfjell

University of Oslo, Faculty of Law, Department of Private Law

Cecilie Kjelland

Independent

Date Written: June 20, 2013

Abstract

This chapter gives an overview of the regulation of corporate governance in Norway, indicating also, to a certain extent, the practice related to and the effect of the regulation. The section following this introduction includes an overview of relevant acts and other sources of law. The main emphasis is on the third section, which focuses on the internal balance between the company organs, notably the composition of the different organs, the independence of directors, and shareholders’ rights and obligations. The fourth section focuses on external corporate governance, mainly the regulation of takeovers, whereas sections five and six give a brief overview on enforcement and recent development regarding reporting on corporate social responsibility.

Suggested Citation

Sjåfjell, Beate and Kjelland, Cecilie, Norway: Corporate Governance on the Outskirts of the EU (June 20, 2013). IN COMPARATIVE CORPORATE GOVERNANCE, Andreas Fleckner and Klaus J. Hopt (eds), Cambridge University Press, 2013; University of Oslo Faculty of Law Research Paper No. 2013-18; Nordic & European Company Law Working Paper No. 10-39. Available at SSRN: https://ssrn.com/abstract=2282402

Beate Sjåfjell (Contact Author)

University of Oslo, Faculty of Law, Department of Private Law ( email )

PO Box 6706 St Olavs Plass
Oslo, N-0130
Norway

HOME PAGE: http://www.jus.uio.no/ifp/english/people/aca/beatesj/index.html

Cecilie Kjelland

Independent ( email )

No Address Available

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