Abstract
The new Czech Corporate Governance Code of 2018 (the "Code") presents essential statutory regulations and best practises for the Czech publicly traded corporations as well as for other Czech corporations. The Code aims to make the Czech corporate governance system transparent and understandable.
The Code addresses several key areas such as shareholder rights, general meeting, board structure and board committees, remuneration, conflict of interests, insider trading, and transparency. Corporations can adopt the Code on the basis of the principles "comply or explain" or "think and comply".