and grasp new opportunities. Taking into account the costs and benefits of regulation, governments have an important responsibility for shaping an effective regulatory framework that provides for
......................................................................................................................... 34 Fiduciary Duty and ESG Engagement .............................................................................................................. 35 When Is Divestment More Appropriate Than
making of investors significantly or ensures equal information access for all investors, as deemed necessary and useful. In any case, the Company has the duty and responsibility to disclose accurate and
contributors and the editor of this publication accept no responsibility for loss occasioned by any person acting or refraining from action as a result of any views expressed in these pages. No one should act
are not a guarantee of future performance. Such forward-looking statements speak only as at the date of this document, and the Company does not undertake any duty or obligation to supplement, amend
Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or prediction that the results
operate in the future and are not a guarantee of future performance. Such forward-looking statements speak only as at the date of this document, and the Company does not undertake any duty or obligation to
date of this document, and the Company does not undertake any duty or obligation to supplement, amend, update or revise any such statements. The Company does not make any representation, warranty or
GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official