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from Part III - Europe
Published online by Cambridge University Press: 10 September 2022
The chapter gives an overview of Norwegian Company Law and Governance Framework, also explaining the relationship to EU Company Law following from the EEA Agreement. The main corporate bodies are presented as well as their core responsibilities in the corporate decision-making processes. Facts and figures of ownership structure are presented, demonstrating that the government plays an important role as an investor. Core values like employee representation, gender equality and transparency in decision-making processes have also been integrated in legislation covering listed companies.The chapter presents main rules regarding the call for AGM/EGM and how the agenda is set. It is explained how shareholders have a relatively wide possibility to put issues at the agenda. Questions regarding issues to be voted on, voting procedures and majority requirements are addressed, as well as shareholders´ rights to information, shareholders use of proxy and proxy fights. Digital solutions for AGM/EGMs and how such solutions are reflected in legislation, are also presented.
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