ALK has a two-tier management structure consisting of the Board of Directors and the Board of Management. The two boards are independent of each other.
The Board of Directors defines the strategic framework for ALK's action plans and activities on the basis of objectives, strategies and policies. Furthermore, on behalf of the shareholders, the Board of Directors supervises the organisation, monitors procedures and responsibilities and sees that the company is managed appropriately and in accordance with legislation and ALK's articles of association.
Guidelines
Recommendations
Since 2005, the Danish Committee on Corporate Governance has drawn up a set of recommendations on corporate governance that has been adopted by NASDAQ Copenhagen A/S. The recommendations are generally in compliance with the practice of the OECD. ALK’s Board of Directors has continuously taken the Committee’s guidelines into consideration and the Board’s ‘comply or explain’ review of all 47 guidelines is available below.
ALK is in full compliance with all the guidelines but one where the company complies partially: ALK does not disclose in detail the remuneration of each member of the Board of Management as, in the opinion of the company, the most essenial part is the total remuneration and any increase or decrease in this remuneration.
| Title | View |
|---|---|