Corporate governance code of listed corporations

The Afep-Medef Corporate Governance Code is used by the company Lagardère CA as its corporate governance framework in accordance with article L.225-68 of the French Commercial Code.
This code adopted by almost all the companies listed on the SBF 120 provides a set of demanding and precise recommendations on corporate governance and, in particular, on the compensation of the officers.
Most of these recommendations have been written with reference to public limited companies (sociétés anonymes) with a Board of Directors. Partnerships limited by shares (société en commandite par actions) will therefore need to make adjustments as appropriate to implement these recommendations.