Volvo 2014 Annual Report Download - page 94
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CORPORATE
GOVERNANCE
The Volvo Group appreciates the value of sound corporate gover-
nance as a fundamental base in achieving a trusting relation with
shareholders and other key parties. The Swedish Corporate
Governance Code, which is applied by the Volvo Group, aims at
empowering the shareholders and creating a sound balance of
power between shareholders, the board of directors and the
senior management. Sound corporate governance, characterized
by high standards when it comes to transparency, reliability and
ethical values, has always been a well-established guiding
principle within the Volvo Group’s operations.
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