Performance,” Journal of Business, 69(2): 133-157. Elton, E.J., Gruber, M.J., Das, S. and Hlavka, M. (1992) ‘‘Efficiency with Costly Information: A Reinterpretation of the Evidence for Managed Portfolios

not be complicated or costly for shareholders, and the meeting location to be easy to reach. 1.4 The board should allow shareholders to send their questions to the company prior to the 63Section 1

. Minority shareholders have limited influence on actual board selection and high barriers to call a GMS, influence the meeting agenda, or bring legal action against the company or a director under the law

progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all