Corporate Governance

Telenor considers good corporate governance to be an essential tool for achieving our vision, value creation and strategic goals, complying with our values and for maintaining good corporate culture. Furthermore, good corporate governance is imperative for credibility and for access to capital.

Our corporate governance includes openness and transparency towards the company's owners, the Corporate Assembly, the Board and Group Management, as well as other interested parties such as the Group's employees, customers, suppliers, creditors, public authorities and society in general.

Responsible corporate culture to secure value creation

Rules and procedures provide Telenor with a sound platform for good corporate governance and for the further development of a positive, responsible and healthy corporate culture. The Group Management is responsible for ensuring the existence of internal rules, procedures and structures that can efficiently secure value creation for all stakeholders and where authority and responsibilities are clearly set out and mutually understood.

Rules and regulations

Telenor is subject to Norwegian rules and regulations in countries in which the Group conducts business. Telenor's shares are listed on the Oslo Stock Exchange. As an issuer of shares, the company must comply with the Norwegian rules and regulations.

Read the whole Corporate Governance document in annual review 2006

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