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Good corporate governance is
essential for the development of a
competitive private sector that in the
long-term is able to attract and retain
the domestic and international capital
needed for investment. If countries are
to reap the full benefits of the global
capital market, corporate governance
arrangements need to be credible and
well understood across borders.
The
OECD Corporate Governance
Principles are intended to assist
governments in evaluating and improving
the legal, institutional and regulatory
framework for corporate governance in
their countries. They address issues of
the rights of shareholders; the
equitable treatment of shareholders;
the role of stakeholders; disclosure
and transparency; and the
responsibilities of the Board. The
principles developed aim at improving
the legal, institutional, and
regulatory framework for corporate
governance in OECD and non-OECD
countries.
The self-assessment was prepared by
staff of the U.S. Securities and
Exchange Commission in March 2000.
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