The reform for the improvement of corporate governance in Spanish law

Judith Morales Barceló

Keywords

Verd corporate governance; reform; shareholder’s meeting; board of directors; companies; spanish law.

Abstract

The reform for the improvement of corporate governance in Spanish law, introduced by the Law 31/2014, has led to significant changes which have affected not only the board of directors but also the shareholder’s meeting, of both traded and non-traded companies. The purpose of the reform is to improve the management of the companies. The following article analyzes these modifications, through a comparison with the previous system.