auditors of listed companies (see Key Issues: Disclosure and Transparency). The SEC’s powers include administrative actions, such as warning letters, fines, and the suspension and removal of licenses. It may
Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...
decreases, or the approval of extraordinary transactions. Shareholders should be fully informed of the criteria and procedures governing shareholder meetings. Sufficient information regarding the issues to be
of influencing the composition of the board, amendments to the company's organic documents, approval of extraordinary transactions, and other basic issues as specified in company law and internal
the first half of 2008 are likely to be affected by two major factors: US subprime crisis, and expected removal of the 30 percent reserve requirement on short-term capital inflows. Interest rates are
shareholders. This included the right of the shareholders to call for an extraordinary meeting, the right to inspect and review management decisions, and the right to seek compensation against directors who have