PJP Makrum S.A. has published a document on the state of application by the company of the principles contained in the Code of Best Practice for WSE Listed Companies 2021. The new Best Practices entered into force on July 1, 2021. The application by companies of the corporate governance principles contained in the Best Practices is voluntary, but informing their use is the responsibility of each listed company, provided for in the WSE Rules.
PJP Makrum has published A statement on the company’s compliance with the corporate governance principles contained in Best Practice for GPW Listed Companies 2021, according to the latest WSE guidelines. The previous such document was prepared in accordance with the rules of 2016, the company also included information on the current situation of applying these practices in its annual financial statements.
The aim of corporate governance is to create tools supporting effective management, effective supervision, respect for shareholders’ rights and transparent communication of the company with the market. The Best Practices of WSE Listed Companies, as a set of corporate governance principles and rules of conduct affecting the relationship between listed companies and their market environment, are an important element in building the competitive position of these companies and significantly contribute to strengthening the attractiveness of the Polish capital market. The principles of Best Practice and related regulations apply to issuers of shares admitted to trading on the regulated market of the Warsaw Stock Exchange.
The set of Best Practices is the result of the work of experts who are members of the GPW Corporate Governance Consulting Committee, representing the interests of various groups of capital market participants.
By Resolution No. 13/1834/2021 of March 29, 2021, the Exchange Supervisory Board adopted new corporate governance rules for companies listed on the WSE Main Market – “Best Practices of WSE Listed Companies 2021” (Best Practices 2021, DPSN2021). This is another version of the set of corporate governance rules applicable to companies listed on the WSE Main Market since 2002.