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obligation of the SEC as prescribed by the Securities and Exchange Act. The SEC has the responsibility to issue rules and regulations, ensure compliance and pursue enforcement in case of violations. Despite
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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
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social responsibility initiatives as part of the overall corporate governance improvement. After diligent preparations with relevant public and private organizations, the SEC will enter the Financial
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