operated by a third party. An auditor did not test the reliability of the report, even though it was used to assess the existence of consignment goods when he performed a test of detail in the substantive

. Moreover, the existence of derivatives market will provide additional financial instruments for investors and allow market intermediaries to expand their scope of services. For this reason, the SEC has

existence of the ‘value gap’ has heightened the importance of environmental, social and governance (ESG) analysis and analysis of other intangible value-drivers, and their incorporation into investment

Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................

duties and liabilities on “shadow” board members as a way to discourage their existence.  Sanctions for violations of directors‟ duties should be sufficiently severe and likely to deter wrongdoing

securities price which is the last market price as declared by the Stock Exchange or a securities trading center is incorrect, and the mutual fund supervisor has certified the existence of such cause; (b) In

by the Government, the company having problem in debt payment, or in the existence of business the company which is potentially revoked from being the listed company in the securities exchange etc

institution which was closed down or controlled by the Government, the company having problem in debt payment, or in the existence of business the company which is potentially revoked from being the listed

outcome of business operation, such as a financial institution which was closed down or controlled by the Government, the company having problem in debt payment, or in the existence of business the company

independent judgement free from any external influence. The board should state its reasons if it determines that a director is independent notwithstanding the existence of relationships or circumstances which