European Corporate Governance Codes Network

Monitoring Reports

In some EU and EEA countries, organisations responsible for the national corporate governance code produce regular monitoring reports on how the code is being followed. The most recent of these reports are listed on this page. Earlier reports can be found on the relevant organisation’s website.

 
If an EU or EEA country represented in the Network is not listed here it is because they do not currently produce regular monitoring reports.
Belgium
Two separate monitoring reports are published each year: one by GUBERNA and FEB, and the other by the FSMA. The latest editions of both reports are available on the website of the Commission Corporate Governance/Commissie Corporate Governance in French and Dutch.
Denmark
Efterlevelse af Komitéens anbefalinger for god selskabsledelse (2015)
The monitoring report is available in Danish only.

In 2012 Nasdaq OMX carried out an assessment of the application of corporate governance principles in Denmark, Finland and Sweden. The report can be found at the Nasdaq OMX website.
Finland
In 2012 Nasdaq OMX carried out an assessment of the application of corporate governance principles in Denmark, Finland and Sweden. The report can be found at the Nasdaq OMX website.
France
In English:
High Committee for Corporate Governance Annual Report 2015
 
Earlier reports carried out by AFEP and MEDEF can be found on the AFEP website (click on “Droit des sociétés et Gouvernance”). They are available in French and English.

In addition the Autorité des Marchés Financiers (the French securities regulator) produces annual reports on the corporate governance of listed corporations. The most recent report can be found on its website (in French only).

In 2015 a report was produced on application of the MiddleNext Code in 2014. Copies can be found here (in French only):
Germany
Corporate Governance Report (2015)
 
The Berlin Center of Corporate Governance has produced an monitoring report on the implementation of the Kodex every year since 2003. All of the reports can be found at this link. They are available in German only.
Ireland
Report on Compliance with the Combined Code on Corporate Governance by Irish Listed Companies (2010)
Italy
In Italian:
Relazione annuale sull'attività svolta dal Comitato 2014

In English:
Italian Corporate Governance Committee: Annual Report 2014
 
In addition,  Assonime publishes an analysis of compliance with the Code every year. The reports are available on its website.
Luxembourg
In French:
Rapports sur l'application de dix principes de gouvernance d'entreprise (2011)
In English:
Report on the application of the Ten Principles of Corporate Governance (2011)
 
Earlier reports are available at the same links.
The Netherlands
In Dutch:
Rapport Monitoring Commissie Corporate Governance Code (2012)
In English:
Report of the Monitoring Committee Corporate Governance Code (2014)
 
The Monitoring Commissie has produced an annual monitoring report since 2005. Copies of all the reports can be found on its website. Reports produced before 2010 are available in Dutch only.
Norway

The Norwegian Corporate Governance Board will carry out an assessment of the application of the Norwegian Ccorporate Governance Code in 2016.

Portugal
In Portuguese
Relatório Anual sobre o Governo das Sociedades Cotadas (2012) 
In English:
Annual Report on the Corporate Governance of Listed Companies in Portugal (2012)

In addition, reports are produceed annually by the Universidade Católica Portuguesa at the request of AEM, the Portuguese Issuers Association. Copies can be found here
Spain
In Spanish:
Informe de Gobierno Corporativo de las entidades emisoras de valores admitidos a negociación en mercado secundarios oficiales (2011)
In English:
Corporate Governance Report of Entities with Securities Admitted to Trading on Regulated Markets (2013)
 
The CNMV has produced monitoring reports every year since 2005. Earlier reports are available in Spanish and English at the same links.
Slovakia 
In Slovak:
Monitoring zverejňovania vyhlásení o dodržiavaní princípov správy a riadenia spoločností (2013)
In English:
Monitoring of Corporate Governance Compliance Statements (2013)
Slovenia

In Slovene:
Raziskava: Analiza razkritij odstopanj v izjavah o skladnosti s Kodeksom (2012)
http://www.zdruzenje-ns.si/zcnsweb/vsebina.asp?n=2&s=230

Sweden

In Swedish:
Kollegiet för svensk bolagsstyrnings Årsrapport (2012)
In English:
The Swedish Corporate Governance Board’s Annual Report (2012)
 
The Swedish Corporate Governance Board has produced a monitoring report every year since 2006. Earlier reports can be found on its website in Swedish and English.

In 2012 Nasdaq OMX carried out an assessment of the application of corporate governance principles in Denmark, Finland and Sweden. The report can be found at the Nasdaq OMX website.

United Kingdom

Developments in Corporate Governance and Stewardship 2014

The 2013 report is available on the FRC website 

ecoDa/ Mazars Report

In October 2015 a pan-European report was published by the European Confederation of Directors’ Associations (ecoDa) in collaboration with Mazars which provides an overview of the approaches adopted at national level to implementing, monitoring and enforcing Corporate Governance Codes. While the conclusions of the report do not represent the views of the Network or its individual member organisations, the members did provide much of the factual information presented in the report. Copies of the report can be found here.