market confidence and business integrity, which in turn is essential for companies that need access to equity capital for long term investment. Access to equity capital is particularly important for future
shaping was done in the area of issuer integrity. All public companies were encouraged to set their own definitions for eligibility of independent directors, to exceed the minimum standard. All directors
and integrity to enforce these standards actively and even-handedly; and oversee the effectiveness of the accounting and audit professionals. Priority 4: Board performance needs to be improved by
interested shareholders to recuse themselves from voting. Shareholders are to approve potential anti-takeover devices and receive tender offers from shareholders that acquire 25, 50, or 75 percent of shares
Offering of the Newly Issued Ordinary Shares to a Specific Investor (Private Placement), Application for Waiver from the Requirement to Make a Tender Offer for all Securities of a Business Takeover by Virtue
Board's and the SEC's operation to ensure transparency, efficiency and integrity of the organization. 14 C o r p o r a t e R e v i e w 2. Corporate Governance Implementation The SEC's corporate governance
) About SEC ( 19 ) Market Data ( 11 ) Intermediaries ( 8 ) Strategic Plan ( 5 ) Enforcement ( 4 ) IPO ( 4 ) Market Professionals ( 4 ) International Relations ( 2 ) Takeover ( 2 ) investor ( 1 ) More
Enactment ( 20 ) Budget ( 20 ) About SEC ( 19 ) Market Data ( 11 ) Intermediaries ( 8 ) Strategic Plan ( 5 ) Enforcement ( 4 ) IPO ( 4 ) Market Professionals ( 4 ) International Relations ( 2 ) Takeover ( 2
power to appoint steering groups in support of the Board's and the SEC's operation to ensure transparency, efficiency and integrity of the organization. SEC Statement 11 C O R P O R A T E R E V I E W12 In