The quality of corporate governance is important
The Corporate governance quality conference was held at the Hotel Esplanade Zagreb, organized by the Croatian Financial Services Supervisory Agency and Jutarnji List. The Code of Corporate Governance of the issuers was formally signed, and it was jointly drafted by the Hanfa and the Zagreb Stock Exchange, with the support of the EBRD, with the aim of enhancing the culture of corporate governance. The Code of Corporate Governance sets the foundation for building sophisticated corporate relationships within companies by defining detailed procedures for the work of the Management Board and Supervisory Board and establishing effective internal controls and accountability systems.
Participating in the main panel of the conference, Marinko Došen, President of the Management Board of AD Plastik Group, noted that efforts to improve the corporate governance culture have been put for many years. “Our industry is highly regulated. In our business, we are very connected with our partners, so they demand extremely high standards of corporate governance from us. There is no room for failure to meet the standards here as the market and customers constantly remind us of the importance of investing in a complete management culture. We couldn’t survive without it. Investor relations are very important to us because they give us support in our plans, while good relationships with our customers enable us to realize them,” said Marinko Došen, among other things.
Apart from Marinko Došen, panel discussion was attended by Gian Piero Cigna, EBRD Chief Counsel of the Financial Law Unit, Ivana Gažić, President of the Management Board of the Zagreb Stock Exchange, dr. sc. Željko Lovrinčević, Scientific Advisor at the Institute of Economics in Zagreb and Petar Vlaić, President of the Management Board of the Erste mandatory and voluntary pension funds management company.
Zdravko Marić, Minister of Finance, dr. sc. Ante Žigman, President of the Management Council of Hanfa and Steven Maijoor, President of the European Securities and Markets Authority spoke at the conference.
