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
capacity. It also highlights the need to disclose and minimize conflicts of interest that may compromise the integrity of proxy advisors, analysts, brokers, rating agencies and others that provide analysis
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
technology and international co-operation among relevant authorities. Managers, board members, and controlling shareholders should disclose structures that give insiders control disproportionate to their
program and offering of new shares to the public by the private sector. Mechanism for investors to protect themselves were also much enhanced with the introduction of the dispute settlement through
widely used as fund-mobilizing devices without any requirements to disclose information to the public. This however leads to a problem of investors lacking necessary information to study, analyze, and
members and their clients confidential. Securities clearing houses and central securities depositories shall disclose their regulations on good governance to the public and involved persons after approval
. Disclose implementation Shareholders, investors, other stakeholders and other parties expect that listed companies will disclose their implementation of the principles, whether they are strictly complied