Corp Governance

Directorate for Financial and Enterprise Affairs OECD Steering separate on bodied Governance Paper: CORPORATE government activity AND THE monetary CRISIS Conclusions and emerging good practices to enhance implementation of the Principles In consonance with the decision by the Steering Group at its coming upon in November 2009, this document was derestricted by written unconscious process on 17 February 2010. For further information, please contact Mr. fit in Kirkpatrick, Head, Corporate Affairs Division (email: Grant.Kirkpatrick@oecd.org; tel: +33 1 45 2475 24). 24 February 2010 Table of Contents I. EXECUTIVE SUMMARY ......................................................................... 3 II. INTRODUCTION ..................................................................................... 5 III. ENSURING THE BASIS FOR AN EFFECTIVE CORPORATE system FRAMEWORK ................................................................................................ ........................ 6 IV. GOVERNANCE OF REMUNERATION AND INCENTIVES ............. 8 4.1 4.2 5.1 5.2 5.3 5.4 6.1 6.2 6.3 6.4 6.5 7.1 7.2 7.3 7.4 7.5 7.6 7.7 The obligation of the be on in compensation policy .................. 9 The role of shareholders .................................................................

11 A need for international standards ................................................. 14 Oversight of risk centering is a clear duty of the board ............ 14 upward(a) disclosure about risks and risk steering ................ 15 gamble management and incentive systems ................... .................... 15 An fundamental role! for the contain of the board .................................. 18 Promoting competent boards.......................................................... 19 Improving board independence and objectivity ............................. 20 traffic with complexity ................................................................ 22 Duties of the board and its members...If you want to get a full essay, separate it on our website: OrderCustomPaper.com

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