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Corporate Government Principles

Corporate Government Principles

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Published by Mahmudur Rahman

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Published by: Mahmudur Rahman on Dec 08, 2012
Copyright:Attribution Non-commercial

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12/08/2012

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CORPOTARE GOVERNANCEPRINCIPLES
 
World Bank on Corporate Governance
Contemporary Discussions
Essence of the Three Documents
Principles
Ensuring Basis for an Effective CG Framework
Rights and Equitable Treatment of the Shareholders
The Equitable Treatment of the Shareholders
Interests of Other Stakeholders
Role of Stakeholders in CG
Integrity and Ethical Behavior 
Disclosure and Transparency
 
3. WORLD BANK ON CG
 
WB suggests that Corporate Governance’s
principles are based on four unavoidablefor governance aspects:
Accountability
Responsibility: (SRB emerges)
Transparency; and
Fairness. OR
RAFT
 
4. CONTEMPORARY DISCUSSION
Contemporary discussions of Corporate Governancesuggest principles raised in three documents released
since 1990:
The Cadbury Report (1992, UK)
The Principles of Corporate Governance (OECD-1998
and 2004); and
The Sarbanes-Oxley Act of 2002

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