the corporate governance code 2012

... countries. The OECD Corporate Governance Principles in these key areas need to be reviewed The current turmoil suggests a need for the OECD, through the Steering Group on Corporate Governance, ... 2008 1 The Corporate Governance Lessons from the Financial Crisis Grant Kirkpatrick * This report analyses the impact of failures and weaknesses in corporate governance on the financial ... adequacy of its corporate governance principles in these key areas. * This report is published on the responsibility of the OECD Steering Group on Corporate Governance which agreed the report...

Ngày tải lên: 15/03/2014, 19:20

Ngày tải lên: 06/01/2015, 19:49

... portion of the corporate governance- related functions of the chief executive, general counsel, corporate secretary, head of investor relations and other corporate officers, thereby allowing these ... Recommendations, The Conference Board , 2003, p. 9. Corporate Governance Best Practices: A Blueprint for the Post-Enron Era The Conference Board 5 Corporate Governance Best Practices A Blueprint for the ... their own legal counsel or accounting advisors. About the Global Corporate Governance Research Center The Conference Board’s Global Corporate Governance Research Center (Center) brings together...

Ngày tải lên: 26/01/2014, 16:20

... reduce the value or use of the assets, for example another party having the right to use them; ● there are no other existing or potential liabilities that may adversely affect the object of the ... Overview 416 History of governance in India 417 Corporate governance in India 418 The legal and regulatory framework regarding corporate governance in India 419 Corporate governance – Indian ... Chapter 10 Corporate governance issues 345 Chapter Overview 346 Corporate governance definitions and drivers 346 The Cadbury Report 349 The Greenbury Report 352 The Hampel Review and the Combined...

Ngày tải lên: 16/03/2014, 17:20

... from the Treasury Committee during the current Parliament 114 Banking Crisis: reforming corporate governance and pay in the City 47 4 Corporate governance The role of the Board 125. The ... reforming corporate governance and pay in the City 2 Remuneration in the banking sector Introduction 6. The banking crisis has propelled the issue of remuneration practices in the banks to the ... Council, The Combined Code on Corporate Governance, July 2003, p 4 203 RBS Annual Report & Accounts 2007, p 114 204 Financial Reporting Council, The Combined Code on Corporate Governance, ...

Ngày tải lên: 19/03/2014, 11:20

... tracks some of the most visible of these threads and ties them to current thinking about the reasons why corporate governance is so different in different countries. The Global History of Corporate Governance: ... partnership with the Congress party government they saw approaching. The Global History of Corporate Governance: An Introduction 17 around the fur trade, and then as first a French and then a British ... of super-voting shares to hold together their vast py- The Global History of Corporate Governance: An Introduction 23 portance at the middle of the century. They suggest that improved corpo- rate...

Ngày tải lên: 11/06/2014, 15:48

... and then to identify particular aspects of firm behavior which plausibly explain the governance- to- value connection. The studies cited in the previous section connect governance to value. The ... surveys by the Korea Corporate Governance Service (KCGS), we construct a Korean corporate governance index (KCGI) from 1998 to 2004, covering the vast majority of public companies listed on the Korea ... jump at the point where governance rules kick in, for reasons other than governance; and do so beginning in mid-1999 when the governance rules are adopted. It is a close question whether one...

Ngày tải lên: 02/01/2015, 17:32

... the findings . >>> ;The Correlation Between Corporate Governance and Company Performance Summary We first examined whether firms with weaker corporate governance perform more poorly than firms with stronger corporate governance . We found firms with weaker corporate governance to perform more poorly . They have lower ... provider of proxy voting and corporate governance data services . ISS's proprietary rating system, Corporate Governance Quotient (CGQđ), ranks the corporate governance performance of more than 7,500 companies worldwide, including the following indexes : S&P 500, S&P 600, S&P 400, Russell 3000, MSCIâ EAFE (Europe, Asia and Far East) and S&P TSX Composite Index (Canada) . Considered to be the world's leading authority on corporate governance, ISS's CGQ is designed on the premise that good corporate governance ultimately results in increased shareholder value . Note : An issuer may have purchased self-assessment tools and publications from ISS, or ISS's Corporate Programs division may have provided advisory ... a performance difference of 28 .04% . (See table 2, panel B) . 1 .  Corporate Governance Quotient (CGQ) is a rating system designed to assist institutional investors in evaluating the quality of corporate boards and the impact their governance practices may have...

Ngày tải lên: 02/01/2015, 17:32

... Principles of Corporate Governance (OECD, 2004) and the Code of Best Practices (HKEx, 1999a). The survey is comprised of 86 questions addressing the five categories of the OECD Principles of Corporate Governance: ... Introduction The financial crisis of 1997 that swept through most of East Asia accentuated the need for corporate governance reform in the region. As part of the clean-up effort, numerous corporate governance ... to measure corporate governance practices. This unique measurement tool permits assessment of both the quality and quantity of corporate governance practices. The quality of corporate governance practices...

Ngày tải lên: 02/01/2015, 17:33

... gains. Acknowledgments We thank the International Corporate Governance Forum-Asian Centre for Corporate Governance International Conference on Corporate Governance: Role of Corporate Governance in Improving ... contribute to the literature on corporate governance indices and the connection between governance and firm value. We build a broad Indian Corporate Governance Index (ICGI) and examine the association ... 2010b). Second, we contribute to the literature on corporate governance indices and the connection between governance and firm market value. We build a broad Indian Corporate Governance Index Emerging...

Ngày tải lên: 02/01/2015, 17:33

... The paper aims at studying the corporate governance index applied in banks from literature review. By developing the corporate governance index (CGI) based on OECD, Basel principles, the ... to test the appropriateness of this CGI. The results show that corporate governance index is able to reflect actual corporate governance situation of the bank and in line with its rank in size ... transparency. - Second, corporate governance index is built in researches in studying the relationship between corporate governance and firm performance. However, these researches are for...

Ngày tải lên: 02/01/2015, 17:33

... improve their corporate governance practices in Vietnam. However, corporate governance in Vietnam is still at the beginning of a long journey and the commitment to good corporate governance ... scandals from corporate governance failures and malpractices. They have included some of the largest corporate names in the country, including Petroleum “More specifically, corporate governance ... of the total market capitalization of these exchanges. The companies were assessed against the five key areas, which are recognized by the OECD Principles as the keys to good corporate governance: ...

Ngày tải lên: 02/01/2015, 17:33

... 295–316 297 mergers inflate their earnings prior to the merger in order to inflate their stock price and thereby reduce the cost of the merger. Other studies have examined the incentives of managers ... management and corporate governance: the role of the board and the audit committee Biao Xie a , Wallace N. Davidson III a, * , Peter J. DaDalt b a Department of Finance, Mailcode 4626, Southern Illinois ... auditors (p. 7). The panel’s recommendations focus on the independence of the board members who serve on the audit committee and on the active and formal role of the audit committee in the oversight...

Ngày tải lên: 02/01/2015, 17:34

... 2004). The first step toward the formation of a comprehensive framework on corporate governance has been the publication of the “Principles of Corporate Governance in Greece (Committee on Corporate ... recent changes in corporate governance in the U.K. The discussion of the components of corporate governance in Germany that follows emphasizes differences with the U.S. in the control and financing ... of the journal around the fundamental analysis of corporate governance systems in the UK, Germany and the USA. The role of employees as stakeholders is considered thoroughly. Trend toward the...

Ngày tải lên: 02/01/2015, 17:34

... As there were new requirements in the Standard Code of Corporate Governance during the test period, we incorporate the third group of interactions vari- ables to capture the yearly impact of the ... practice. The remainder of the paper is arranged as follows. The second section reviews the relevant literature. The third section develops the hypotheses to examine the association between the internal ... the shareholders’ annual general meeting. The Standard Code of Corporate Governance for Listed Compa- nies in China issued by the CSRC and the State Economic and Trade Commission in 2002 further...

Ngày tải lên: 06/01/2015, 19:43

... adopt the number of SB members as a proxy for the monitoring strength of the SB. The fewer SB members a listed firm has, the weaker the internal corporate governance is, vice verse. Therefore the ... regard in the extant literature. 2.2. Corporate governance and the auditing function Cor porate governance also came with the separation of owner- ship and management underlying the m odern corporate ... Thus, the indepen- dent audit can enhance the roles of corporate governance (Beasley et al., 2000; La Porta, 2002; Fan and Wong, 2005). The more audits contribute to corporate governance, the more...

Ngày tải lên: 06/01/2015, 19:43

Ngày tải lên: 06/01/2015, 19:46

Ngày tải lên: 06/01/2015, 19:47