interest of our members. Principle 3: Oversee asset managers to make informed investment decisions and engage in active ongoing monitoring of investee companies. Investment decisions should take into account
consumption and immediate utility. • A realistic and practical model for setting a self-discipline saving rate needs be developed. 2 Existing Recommended Rates • The RATEs – Berger (2013) >> a 10-percent rule
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with the rule of law and support effective supervision and enforcement. Effective corporate governance requires a sound legal, regulatory and institutional framework that market participants can rely on
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percent of the votes and another with 20 percent. Five direc- tors need to be elected. without a cumulative voting rule, each shareholder must vote separately for each director. the majority shareholder