This report addresses the corporate governance framework and company practices that determine the nomination and election of board members. It covers some 26 jurisdictions including in-depth reviews of four jurisdictions: Indonesia, Korea, the Netherlands and the United States.
Table of contents:
Executive Summary Assessment and Recommendations PART I. OVERALL SITUATION AND LESSONS FROM THE REVIEWED ECONOMIES Chapter 1. Implementing the OECD Principles of Corporate Governance in diverse institutional and legal conditions 1.1.The perspective of the principles 1.2.The perspective of reviewed jurisdictions 1.3.The perspective of other jurisdictions Bibliography PART II. COUNTRY REVIEW OF THE CORPORATE GOVERNANCE FRAMEWORK OF LISTED COMPANIES AND BOARD NOMINATION AND ELECTION PRACTICES Chapter 2. Indonesia: Review of board nomination and election practices 2.1. Introduction 2.2. Corporate governance framework 2.3. Board nomination processes and shareholders’ rights 2.4. Shareholders’ right to elect board members 2.5. Degree of disclosure about the nomination and election process 2.6. Overall functioning 2.7. Assessment and conclusions Bibliography Chapter 3. Korea: Review of board nomination and election practices 3.1. Introduction 3.2. Corporate governance framework 3.3. Board nomination processes 3.4. Shareholders’ right to elect board members 3.5. Degree of disclosure about the nomination and election process 3.6. Overall functioning 3.7. Assessment and conclusions Bibliography Chapter 4. The Netherlands: Review of board nomination and election practices 4.1. Introduction 4.2. Corporate governance framework. 4.3. Board nomination processes and shareholders’ rights 4.4. Shareholders’ right to elect board members 4.5. Degree of disclosure about the nomination and election process 4.6. Overall functioning 4.7. Assessment and conclusions Bibliography. Chapter 5. United States of America: Review of board nomination and election practices 5.1. Introduction . 5.2. Corporate governance framework 5.3. Board nomination processes and shareholders’ rights 5.4. Shareholders’ right to nominate and elect board members 5.5. Disclosure about the nomination and election process 5.6. Overall functioning 5.7. Assessment and conclusions Bibliography Annex. Comparison of US principles equivalent to reviewed OECD principles