Corporate Governance

These pages present an overview to the governance of the Company. 

Affecto complies with the provisions of the Corporate Governance Code prepared by the Finnish Securities Market Association in 2010. The updated Finnish Corporate Governance Code can be found from: http://www.cgfinland.fi/index.php?lang=en

In 2010 Affecto has followed up all other recommendations except the one concerning the genders represented in the board. Based on the Nomination and Compensation Committee's proposal, the Annual General Meeting 2010 elected only males as board members because the committee did not find any suitable female candidate. For year 2011, the proposal follows the gender recommendation.

The duties of the different company organs are organized in line with the provisions of the Finnish Companies Act and the Finnish Securities Markets Act as well as other Finnish legislation.

Affecto complies with the rules and recommendations of the NasdaqOMX Helsinki. The company's Board of Directors is responsible for compliance with corporate governance principles.

Corporate Governance Statement 2010 pdf, 57 kB 
Corporate Governance Statement, published in Annual Report 2010
 
Corporate Governance Statement 2009 pdf, 54 kB 
Corporate Governance Statement, published in Annual Report 2009

Updated: March 2011