Repsol

Following good governance recommendations

Article 61 bis of the Securities Market Act obliges Spanish listed companies to record in their Annual Corporative Governance Report “the level to which corporate governance recommendations are followed, or, if applicable, the explanation on why these recommendations are not followed”.

To this end, listed companies must take the recommendations included in the “Unified Code of Good Governance of Listed Companies” drawn up by the Spanish Securities Market Commission (CNMV) as a reference(CNMV). 

• Corporative Governance Report 2011 PDF (0.98MB)

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