Corporate Governance is an international concept which tentatively may be translated to Norwegian as Shareholder Management and Control. We understand the concept to be a collective term covering the company`s behaviour and customary practices within several sectors, such as management practice, mechanisms for management and control, board of director ethics and shareholder policies. Several of these sectors are governed by company law representing a minimum of what the company`s vatrious partners may expect.
Requirements from the Oslo Stock Exchange and the Group`s own goals in conjunction with demands from international and national partners for continously profitable commercial activitie, imply that Lerøy Seafood Group shall be recognized for exercising Corporate Governance beyond the minimum requirements.