© OECD 2015 5 I) Ensuring the basis for an effective corporate governance framework; The chapter emphasizes the role of corporate governance framework in promoting transparent and fair markets, and the
continually carried on. This includes, for example, preventive measures against siphoning by requiring transparent disclosure of information when applying for a resolution from the shareholdersû meeting to
will get all five seats, as s/he will always outvote the minority share- holder by 80:20. cumulative voting would allow the minority shareholder to cast all his/her votes (five times 20 percent) for one
share- holders (through what is known as 'tunnelling' 3 ), or misrepresenting an individual company's financial statements (of particular concern where the company is under pressure to meet expectations
leading the SEC as a regulatory agency that develops the capital market and supports economic growth. Under transparent and fair management in line with international standard good governance guidelines, we
leading the SEC as a regulatory agency that develops the capital market and supports economic growth. Under transparent and fair management in line with international standard good governance guidelines, we
and Mission The SEC’s vision, mission and objectives aim at supervising and developing the capital market to be efficient, transparent, inclusive, reliable, and in accordance with international
Introduction Good corporate governance (CG) is an essential characteristic of listed companies. Having good CG means that the company has efficient, transparent, and auditable management systems that create
market. The contingency plans 16 C o r p o r a t e R e v i e w ë Codes of Conduct and Conflicts of Interest The SEC's fair and transparent supervision is for the benefits of all stakeholders. To maintain
services are efficient, transparent, and examinable, in a bid to promote confidence towards, and integrity and security of, the overall financial system, and to improve the competitiveness and image of the