Comparison of CG Model

Critical Issue 1 2 Investor Protection Participation of share holder in AGM Ownership concentration and control Disclosure Requirement Anglo-US Model Stringent Low Japanese Model More Stringent High German Model More Stringent High

Discouraging

Encourage

Encourage

More Strict

Strict

More Strict

Disclosure of related party transaction

More Strict

Strict

More Strict

International Initiatives on Corporate Governance

year Name Of Committee Area/ Aspect Covered 1992 Sir Adrian Cadbury 1998 Hampel Committees Financial aspect of CG Responsibilities of director

1999 OEDC
2001 Myners Reports 2003 UK

Principles of CG
Effectiveness of non executive directors Combine code of best practices CG