Governance of PA Resources

PA Resources views solid corporate governance and sound risk management as core elements for sustainable and profitable operations. The role of corporate governance is to create favourable conditions for active and responsible ownership as well as a clear structure allocation of responsibility between the Board of Directors and the company management. In parallel, corporate governance is aimed at maintaining confidence among investors, partners, customers, employees and other stakeholders. 

Key internal rules and regulations

  • Articles of Association
  • The Board's forma work plan and special instructions for the President
  • Guidelines for remuneration of senior executives
  • Policy documents and instructions

Key external rules and regulations

  • The Swedish Companies' Act
  • Swedish Code of Corporate Governance
  • Accounting standards

The figure below illustrates PA Resources’ corporate governance model and how the central bodies interact.

Governance of PA Resources: