Neuausrichtung des «Swiss Code of Best Practice for Corporate Governance» auf den Wandel der Zeit
The «Swiss Code of Best Practice for Corporate Governance», which was first published in 2002 and has since been revised several times, has become the most important guideline for good corporate governance in Switzerland and is widely accepted because it shows practical solutions based on expertise and experience. It compensates for its non-binding nature and lack of legal legitimacy, so to speak, by being factually convincing on its own merits. However, the «Swiss Code» can only continue to achieve this sustainable effect if it is continuously adapted to significant new developments. The revision of the Stock Corporation Act of 2020, which came into force on 1 January 2023, the introduction of reporting in non-financial matters and the international megatrend towards a stronger embedding of corporate activity in the natural and social environment and responsible governance («ESG» for short) as well as the digitalization push triggered by the pandemic were such important developments…
