Intressisuhteet

Intressisuhteet is a Finnish term used in corporate governance and accounting to describe relationships between a company and persons or entities that may influence, or be influenced by, the company’s decisions. The concept covers connections through ownership, management, family ties, or common control, and it is closely linked to the idea of related parties and potential conflicts of interest.

Typical related parties include owners with significant holdings, members of the board and executive management, close family members of those individuals, subsidiaries, parent companies, joint ventures, and entities under common control. It can also extend to entities that provide services, loans, or other transactions on terms that could affect the company’s decisions.

Governance and risk management focus on identifying and addressing intressisuhteet to prevent self-dealing and to maintain integrity in decision-making. Organizations implement policies, conflict-of-interest declarations, and internal controls. Independent oversight or audit mechanisms are often used to manage potential biases arising from these relationships.

In financial reporting, related party relationships and transactions are typically disclosed. Disclosure elements include the nature of the relationship, the types and values of transactions, outstanding balances, terms and conditions, and any guarantees or commitments. Compensation of senior management may also be described to provide a transparent view of potential influence.

Context in Finland usually aligns intressisuhteet with the Accounting Act and Companies Act, with many listed companies following IFRS or Finnish GAAP and applying related party disclosures as part of transparency and good governance. See also related party transaction, conflict of interest, and corporate governance.