This review of corporate governance in Chile describes the corporate governance setting including the structure and ownership concentration of listed companies and the structure and operation of the state-owned sector. It then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented.
Table of contents:
Foreword Chapter 1. Assessment and Recommendations -Corporate Governance Framework -Assessment -Recommendations Chapter 2. Corporate Governance Review -Chile's Corporate Governance Framework -Ensuring a consistent regulatory framework -Disclosure of Corporate Information -Separation of Ownership and Regulation -Ensuring a Level Playing Field -Stakeholder Rights and Boards of Directors -Conclusions Annex A - Analytical Framework for the Accession Review Annex B - Key Characteristics of Chile's State-Owned Enterprises