Norway : Corporate Governance on the Outskirts of the EU

This chapter gives an overview of the regulation of corporate governance in Norway, indicating also, to a certain extent, the practice related to and the effect of the regulation. The section following this introduction includes an overview of relevant acts and other sources of law. The main emphasis is on the third section, which focuses on the internal balance between the company organs, notably the composition of the different organs, the independence of directors, and shareholders’ rights and obligations. The fourth section focuses on external corporate governance, mainly the regulation of takeovers, whereas sections five and six give a brief overview on enforcement and recent development regarding reporting on corporate social responsibility