Friday 9 August 2013

Spain: CNMV report on governance of IBEX 35 companies

The Spanish securities market regulator, Comisión Nacional del Mercado de Valores, has published its annual report of corporate governance at IBEX 35 companies: see here (pdf, Spanish). The report notes, amongst other things, that the number of women on boards has increased by 8% in the past year. It also notes an improvement in the quality of explanations provided where recommendations within the Unified Good Governance Code are not followed.

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