CORPORATE GOVERNANCE

 

 

Corporate governance refers to a number of principles adopted by a company, aiming to uphold its performance and the interests of its shareholders and of all stakeholders.

Recognizing the importance of corporate governance principles and the benefits derived from their adoption, we follow international practice and standards in this area and opt for the systematic implementation of these principles throughout the company’s operations.

In this context, OTEestate has adopted regulations, policies as well as corporate governance practices above the requirements of the Law, which follow the international standards, and which are applied by OTE Group companies.

The principles and practices applied by OTEestate are depicted at the company regulations or/and policies regulating its operations.

Fundamental Principles of the Corporate Governance System

The fundamental principles on which the corporate governance system is based involve the following:
· Ensuring transparency and effective control over management
· Two-way communication between OTEestate’s stakeholders and OTEestate’s management
· Assurance of operational efficiency.

The three main pillars for the application of corporate governance rules and practices concern the role of the Board of Directors, the protection of shareholders’ rights and the enhancement of transparency and disclosure of information..

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