Corporate Governance and its principles
LEMMINKÄINEN CORPORATION is a Finnish public listed company whose administration complies with current legislation, such as the Finnish Companies Act, the Accounting Act and the Finnish Securities Markets Act, and the company’s Articles of Association. We also observe the rules, regulations and guidelines of NASDAQ OMX Helsinki Ltd and the Finnish Financial Supervisory Authority, and we adhere to the Finnish Corporate Governance Code.
LEMMINKÄINEN’S ADMINISTRATIVE BODIES
The General Meeting is where shareholders exercise their voting rights and is Lemminkäinen’s highest decision-making body. The Annual General Meeting (AGM) elects the Board of Directors, which in turn appoints the President & CEO. The Board of Directors and President & CEO are responsible for the management of the Group. The Group Executive Board and other management personnel assist the President & CEO in his duties. The Board of Directors decides on the Group’s administrative systems and ensures compliance with good governance principles.
Updated 16.5.2013