undertaking as well as to protect investors? best interest.?The four key areas are:?1. Provisions on Stock Exchange: The proposed revisions include (1) granting the power to approve the rules on securities
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
to others. these rights protect shareholders from dilution of value and control when new shares are issued. Shareholder agreement: An agreement between shareholders on the administration of the company
2015 3 Note by the OECD Secretary-General G20 Finance Ministers and Central Bank Governors Meeting 4-5 September 2015, Ankara Good corporate governance is not an end in itself. It is a means to create
market components. Ultimately, the principles of good governance underpin the sustainable development of a vibrant capital market capable of meeting the market constituents’ growing needs as well as the
for funds they manage Nowadays, asset management companies are required to separate investors’ asset from the companies’ ones and introduce measures to protect investors’ assets for other benefits
as well as the deliberations of a Working Group in May 2010. The report was en- dorsed by consensus at the annual meeting of the Asian Roundtable, 3-4 October 2011 in Bali, Indone- sia. The next phase
decided in each agenda item should be provided in advance of the meeting. Shareholders should be able to query directors both in the meeting and by sending their questions in advance. They should also be
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