In reforming its corporate governance, and in establishing a rule-based business culture, Indonesia faces many challenges. The key challenges are as follows. Enforcement of laws and regulations needs to be strengthened. Administrative sanctions for violation of securities or disclosure rules may...

Since 1998, Korea has taken important steps to address the weaknesses that contributed to the economic crisis of 1997. The corporate governance framework has been strengthened significantly. The reform agenda, however, remains unfinished and the equity markets relative to other OECD countries...

This report provides an updated assessment of Egypt's corporate governance policy framework, enforcement and compliance practices. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure...

This report provides an assessment of Jordan's corporate governance policy framework, enforcement and compliance practices. Strengths and weaknesses are highlighted and policy recommendations are made where appropriate. Much progress was made in the regulatory environment in the 1990s, since the...

This report provides an assessment of the corporate governance policy framework and enforcement and compliance practices in Panama. Much progress has been made since the drafting of the new Securities and Banking Laws in the late 1990s. The major issues are driven by the preponderance of banks....

This report assesses the corporate governance policy framework, and enforcement and compliance practices in Peru. Corporate governance reform is at an early stage, and some legislation has recently been upgraded to protect shareholder rights. The major issues are driven by the growing importance...

This report provides an assessment of the corporate governance policy framework, and enforcement and compliance practices in Romania, and updates the assessment completed in 2002. Strengths and weaknesses are highlighted and policy recommendations formulated. The major issues are driven by...

This report assesses the corporate governance practices of listed companies in South Africa, within the broader context of the institutional capacity needed to ensure compliance and enforcement. The diagnostic reflects the corporate governance framework as of December 2001. South Africa has a...

This report provides an assessment of the corporate governance policy framework, and enforcement and compliance practices in the Slovak Republic. Slovakia has already upgraded its legislation to meet European Union (EU) Directives. The legislative and regulatory framework dealing with corporate...

This report provides an assessment of the corporate governance policy framework, and enforcement and compliance practices in Slovenia. The country has already upgraded its legislation to meet European Union (EU) Directives, and, its legal and regulatory framework dealing with corporate...