Lithuania's corporate governance landscape

This chapter describes the corporate governance arrangements – the laws, regulations and institutions that shape company oversight – for both listed and state-owned enterprises in Lithuania. Following an introductory overview of Lithuania’s economic context and business climate, the chapter describes the corporate ownership and control landscape for Lithuania’s 27 listed companies. It then details the laws, regulations and institutions that constitute the corporate governance framework for these companies, with an overview of recent related legislative reforms. This is followed by a descriptive overview of the corporate governance arrangements for Lithuania’s 66 state-owned enterprises, including a synthesis of recent or ongoing state ownership reforms.