Abstract

Since 1 January 2016, a new set of corporate governance rules included in the document entitled “Best Practices of WSE Listed Companies, 2016” has been applied to public companies whose shares are admitted to trading on the regulated market operated by the Warsaw Stock Exchange. The new rules of model corporate governance are aimed,inter alia, at increasing transparency of issuers involved in stock exchange transactions as well as creating mechanisms which would make shareholders participate in the corporate life of those companies in a more conscious and active manner. The new rules may help to improve issuers’ communication with their investors. Changes made to the “Best Practices” – as compared with the previous version – should be assessed positively, though the practice of trading will prove to be their best critic.