The Danish Committee on Corporate Governance Recommendations.
The Danish Committee on Corporate Governance has defined corporate
governance as follows:
"The goals, according to which a company is managed, and
the major principles and frameworks which regulate the
interaction between the company's managerial bodies, the owners
as well as other parties, who are directly influenced by the
company's dispositions and business (in this context jointly
referred to as the company's stakeholders). Stakeholders include
employees, creditors, suppliers, customers and the local community".
Novo Nordisk Foundation
Board of directors
& Development Committee
Recommendations and practices