oriented growth companies and to balance any increase in leveraging. The updated G20/OECD Principles of Corporate Governance (the Principles) therefore provide a very timely and tangible contribution to the
development by enhancing the performance of companies and increasing their access to outside capital. The OECD Principles of Corporate Governance provide the framework for the work of the World Bank Group in
opportunities to provide input and comments on the practicality and relevance of draft regulations before they take effect. In the event that new regulations are anticipated to have a wide or significant impact
provide incentive scheme to entice listed companies to improve the level of their corporate governance. Moreover, support was given to the work of the Institute of Directors [ Goal 2 ]29 . . . . . . . . so
recommendations to improve corporate governance. Based on the OECD Principles of Corporate Governance, the White Paper adapted implementation aspects to the specific conditions of Asia. The White Paper assessed
fair and orderly markets, ensure regulatory convergence with international standards and improve efficiency of information disclosure of securities issuers in compliance with good corporate governance
mechanism and provide investor education to empower and equip investors with enough mechanisms in exercising their rights and protecting themselves ● Improve operating procedures to assure that legal
in the Government Gazette, the amended Act shall take effect and will provide a robust foundation for fair and effective development of the capital market. Developing our capital market is an ongoing
. Suggestions will be considered to improve the rules so that they do not impose burden on issuers in practice. For example, scripts may be submitted for SEC’s approval instead of audiovisual clips
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