Board Member Nomination and Election

Board Member Nomination and Election You do not have access to this content

Anglais
Cliquez pour accéder: 
Auteur(s):
OCDE
Date de publication :
20 sep 2012
Pages :
120
ISBN :
9789264179356 (PDF) ; 9789264179349 (imprimé)
DOI :
10.1787/9789264179356-en

Cacher / Voir l'abstract

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.

Ouvrir / Fermer Cacher / Voir les abstracts Table des matières

  • Sélectionner Cliquez pour accéder
  • Cliquez pour accéder:  Foreword

    This report presents the results of the fourth peer review based on the OECD Principles of Corporate Governance. The report is focused on the corporate governance framework and practices that relate to the nomination and election of board members. It covers some 26 jurisdictions, including in-depth reviews of Indonesia, Korea, the Netherlands, and the United States of America.

  • Cliquez pour accéder:  Executive summary

    The nomination and election of board members is one of the fundamental elements of a functioning corporate governance system around the world and has accordingly been chosen as the theme for the fourth peer review by the OECD’s Corporate Governance Committee. Four jurisdictions have volunteered for an in-depth review – Indonesia, Korea, the Netherlands and the United States. Twenty two participating jurisdictions in the Committee have provided more general background information. As in the past three reviews, the objective is to:

  • Cliquez pour accéder:  Assessment and recommendations

    Apart from the appointment of a senior management team including the CEO, the next most crucial event for a company is the nomination and election of its board members. Indeed, these two events are interdependent in a critical manner, depending in part on the ownership structure of the company. This peer review deals with how boards are nominated and elected. Four jurisdictions are examined by an in-depth review – Indonesia, Korea, the Netherlands and the United States. Twenty two participating jurisdictions in the Committee have provided more general background information. As in the past peer reviews, the objective is to:

  • Ajouter à ma sélection
  • Ouvrir / Fermer Cacher / Voir les abstracts Overall situation and lessons from the reviewed economies

    • Sélectionner Cliquez pour accéder
    • Cliquez pour accéder:  Implementing the OECD Principles of Corporate Governance in diverse institutional and legal conditions

      This report is the fourth peer review and, as decided by the Committee at its November 2011 meeting, covers board nomination and election practices. As in past reviews, several jurisdictions are discussed in detail – Indonesia, Korea, the Netherlands and the United States – while other Committee participants are handled at a more general level.The topic has attracted significant public attention especially in view of the near universal interest in independent board members and the issue of protecting minority rights. Indeed, both the Asian and Latin American OECD Corporate Governance Roundtables have launched work in this area (OECD, 2011c).In addition, the financial crisis raised questions about the quality of board members and the selection/search process for suitable board members.Chapter 1 of the report synthesises the four in-depth studies before considering the wider set of jurisdictions that participate in the work of the Committee. The focus is how jurisdictions and companies implement the Principles (although this is seldom done literally) and how the principles have been (need to be) adapted to widely different institutional and legal conditions.

    • Ajouter à ma sélection
  • Ouvrir / Fermer Cacher / Voir les abstracts Country reviews of the corporate governance framework of listed companies and board nomination and election practices

    • Sélectionner Cliquez pour accéder
    • Cliquez pour accéder:  Indonesia: Review of board nomination and election practices

      This chapter on Indonesia describes the ownership structure of listed companies and then considers the board nomination and election processes including disclosure practices and obligations. The board nomination and election process is placed within the context of the overall corporate governance framework.

    • Cliquez pour accéder:  Korea: Review of board nomination and election practices

      This chapter on Korea describes the ownership structure of listed companies and then considers the board nomination and election processes including disclosure practices and obligations. The board nomination and election process is placed within the context of the overall corporate governance framework.

    • Cliquez pour accéder:  The Netherlands: Review of board nomination and election practices

      This chapter on the Netherlands describes the ownership structure of listed companies and then considers the board nomination and election processes including disclosure practices and obligations. The board nomination and election process is placed within the context of the overall corporate governance framework.

    • Cliquez pour accéder:  United States of America: Review of board nomination and election practices

      This chapter on the United States describes the ownership structure of listed companies and then considers the board nomination and election processes including disclosure practices and obligations. The board nomination and election process is placed within the context of the overall corporate governance framework.

    • Ajouter à ma sélection