Special features of Swedish Corporate Governance
Swedish corporate governance is based on legislation and self-regulation. The legal framework that applies to AB Volvo includes among others the Swedish Companies Act, the Articles of Association of AB Volvo and the Swedish Corporate Governance Code (the "Code"). The Code contains a number of rules and guidelines that in many cases go further than what the law requires.
A company that is bound to apply the Code, like AB Volvo, may deviate from individual rules, but any deviation must be explained under the principle "comply or explain".
You can find more information on the special features of Swedish corporate governance in the brochure in the right hand navigation.