Governance
Corporate governance in the Parent Company and the Group is regulated among other things by the Articles of Association, the Swedish Companies Act and the rules of the Stockholm Stock Exchange, which for IAR Systems Group AB includes application of the Swedish Code of Corporate Governance ("the Code").
In accordance with the Swedish Companies Act and the Swedish Code of Corporate Governance, the Board of Directors is responsible for ensuring that the company has satisfactory internal control, for staying informed about the company's internal control system and for evaluating the effectiveness of this system.
The work and responsibilities of the Board
According to the Swedish Companies Act, the Board is responsible for the group’s organization and administration, and for ensuring that the control of accounting, asset management and other financial conditions is satisfactory.
