Corporate governance model
Listed core holdings
Our ambition is to achieve influence on the development of our listed core holdings by being the largest or one of the largest shareholders in each of our listed core holdings.
However, to have a positive influence on the development of any company, industry insight is also required. Our ambition is to gain this through a recurring dialogue with company management, company visits and own research. Based on this, our ambition is always to develop an own action plan for each listed core holding, over time implemented through our Board representative(s).
Furthermore, we seek to exercise active ownership primarily through interaction with other shareholders and stakeholders (i.e. through the Board of Directors, Committees, and Shareholders’ meetings). Board of Directors
As a base case, our ambition is to have at least one JCE Group representative on the board of each listed core holding. The Chairman shall not be a JCE Group representative. Committees
As a base case, our ambition is to have one JCE Group representative in the Election/Nominating and Audit committees of each listed core holding. Representation in the Compensation committee is in general not necessary. Shareholders’ meetings (AGM/EGM)
Our ambition is to actively participate and vote at Shareholders’ meetings in our listed core holdings. In general, we have a positive view on “fair and moderate” incentive schemes for key personnel, but a negative view on “general” new issue authorizations. |