Corporate governance

Corporate Governance

General

Nedap falls within the "statutory two-tier board system"

At smaller companies such as Nedap the management is more in touch with daily practice, so that lines of control are less formal and more direct.

The nature and smaller size of such companies also means that the control structure is usually less complex and the division of tasks less stringent. Moreover, the supervisory board of smaller companies tends to be more involved in the company and consequently has a better understanding of what is happening within the company.

This, too, obviously improves the quality of supervision in general.