Raute Corporation's Board of Directors has issued Administrative Instructions for the company to complement the provisions of the Companies Act and Raute's Articles of Association. Administrative Instructions comprise a charter for the decision-making bodies, instructions on the division of responsibilities between the Board of Directors, the President and CEO and the Executive Board, and guidelines for organizing internal control and risk management. Administrative Instructions present the main points of Raute's Corporate Governance principles.
Raute complies with the Finnish Corporate Governance Code 2015 for listed companies issued by the Securities Market Association as of January 1, 2016.
Raute's day-to-day management is the responsibility of the Board of Directors and the President and CEO. The other management (other Executive Board members) assists the President and CEO in his duties. The Board of Directors oversees compliance with Raute's Corporate Governance principles.