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Corporate Governance: Improving Competitiveness and Access to Capital in Global Markets - Couverture souple

Organization For Economic Co-operation And Development

 
9789264160569: Corporate Governance: Improving Competitiveness and Access to Capital in Global Markets

Synopsis

In this report, it is emphasized that while corporate governance should remain primarily a private sector perogative, governments are responsible for providing a regulatory framework that allows investors and enterprises to adapt corporate governance practices to rapidly changing circumstances. There is no static or final structure in corporate governance: experimentation and variety should be expected and encouraged within the limits of credible regulations emphasizing fairness, transparence, accountability and responsibility. Within this framwork, perspectives to guide public policies related to corporate governance are presented, as are suggested areas for private sector voluntary action and recommended further actions.

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Reseña del editor

In this report, it is emphasized that while corporate governance should remain primarily a private sector perogative, governments are responsible for providing a regulatory framework that allows investors and enterprises to adapt corporate governance practices to rapidly changing circumstances. There is no static or final structure in corporate governance: experimentation and variety should be expected and encouraged within the limits of credible regulations emphasizing fairness, transparence, accountability and responsibility. Within this framwork, perspectives to guide public policies related to corporate governance are presented, as are suggested areas for private sector voluntary action and recommended further actions.

Biografía del autor

Ira M. Millstein is a senior partner at the international law firm Weil, Gotshal & Manges LLP, where in addition to practicing in the areas of government regulation and antitrust law, he has counseled numerous boards on issues of corporate governance.

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