The term "corporate governance" indicates the aggregate of rules which serve as the basis for proper company management and which facilitate the control over transactions by a company. The term has specific significance with reference to the activity of publicly traded companies as this activity is based on strict rules to guarantee transparency.

With a system of corporate governance, certain duties and rights and the responsibilities in relation thereto, are vested with individuals and company organizations who oversee the company's activity, the meetings of the shareholders, the board of directors and the board of statutory auditors. Among the various initiatives put in place to guarantee the transparency of the actions of management and to protect shareholders, Class Editori has come up with a well defined system of rules of conduct which regard:

• the role and powers of the board of directors,
• the processing of confidential information,
• internal controls,
• relationships with institutional investors and other shareholders,
• meetings of the shareholders,
• the statutory auditors.

Additional information on Class Editori's corporate governance system and self-discipline code are available by downloading documents below in the Acrobat format.

• Internal dealing code
• Organisation, management and control model