Corporate Governance – making it work

Corporate governance defines a framework of rules and procedures by which Telenor Hungary governs and controls its business. Good corporate governance is about establishing a sound platform for such a framework and applying our values in order to create value for Telenor stakeholders.

We consider good corporate governance to be a prerequisite for value creation, trustworthiness and profitability.
 

Governance principles

In order to secure strong and sustainable corporate governance, it is important that we ensure good and healthy business practices, reliable financial reporting and an environment of compliance with legislation and regulations across Telenor Hungary.
Telenor Hungary has governance documents setting out principles for how business should be conducted.
 

Trust and transparency

We believe good corporate governance involves openness and trustful cooperation between all parties involved in the Group: the owners, the Board and PPF Executive Management, employees, customers, suppliers, creditors, public authorities and society in general. When submitting reports, Telenor provides both financial and non-financial information, emphasising transparency so that our stakeholders may be able to make informed decisions.