and fund voting Supervision of the Securities Exchange Enhancing competitiveness of the capital market Establishment of the Capital Market Development Fund (CMDF) Effectiveness, clarity and transparency
Retention of free cash flows SUMMARY 26 • Effectiveness of firms’ CG system • Protection of minority shareholders • Reduction of the cost of capital • Prevention of the waste of capital • More @ www.arx.cfa
protection gap existed in investment adviser regulation.” DATA • Freedom of Information Act: Filed a request for all annual Form ADV filings for investment adviser information. + • SEC Investment Adviser
- % soil artificialisation restored/avoided - % contaminated sites remediated (surface or %) 13, 15 Protection and restoration of biodiversity and ecosystems IUCN Categories for Protected Areas; Protected
forward with our daily lives. Many have since found that utilizing technology to digitalize financial products and infrastructures have certainly improved effectiveness of the financial and investment
its operation is in accordance with the terms specified in the service level agreement; (d) effectiveness for adopting new IT system in business operation. For example, monitoring of the operating time
strategy and financial planning, including major capital expenditures, acquisitions and divestments; b) monitor the effectiveness of the company’s governance practices, environmental practices, and social
safest and most responsible ways of moving people. Sustainability Roadmap Do no harm Do it better Differentiation What can young directors learn from the board? Board Effectiveness Board Diversity • Skills
improved relations with workers, creditors, and other stakeholders. Better investor protection can lower the cost of capital and encourage companies to list and raise funds through equity markets. It is
market movements for that group of securities and vice versa. Tracking Error indicates the effectiveness of the fund’s returns in tracking the benchmarks. If the Tracking Error is low, it means that the