Eddy Wymeersch

Implementation of the Corporate Governance Codes

WP 2004-08

Corporate governance codes have been developed in all European States. These instruments often reflect a different economic and political background. This factor can play an important role as to their self nature. Implementation of the codes is generally left to the companies themselves. However, are there other enforcement instruments and should external parties - such as securities supervisors - have a role to play in this matter? EA comparative overview outlines the state of affairs in a selected number of EU jurisdictions.