Corporate governance principles

10th meeting of the Latin American Corporate Governance Roundtable

 

Santiago, Chile - 1-2 December 2009

Taking into account corporate governance lessons from the global financial crisis, the Latin American Roundtable on Corporate Governance concluded its 10th annual meeting by agreeing in principle to a revised set of recommendations aimed at encouraging institutional investors to exercise their ownership rights responsibly and promote better corporate governance of companies in the region.

 

The draft White Paper on Strengthening the Role of Institutional Investors in Latin American Corporate Governance is currently under revision and the final version will incorporate the discussions held at the Roundtable and written suggestions.


The Roundtable also agreed to deepen its work to support effective boards of directors and corporate governance-related enforcement issues, and to explore the launching of a Latin American network on corporate governance of state-owned enterprises.

 

The Roundtable took the occasion to review progress by companies in implementing corporate governance, and accomplishments of regulatory agencies in further enforcing corporate governance standards.

 

It addressed 3 issues in response to the financial crisis that are high on the agenda for the region – the role of boards, including their role in risk management; corporate governance of financial institutions; and the need to ensure good governance of state-owned assets, including pension funds, sovereign wealth funds and state-owned enterprises.

 

In addition, the Roundtable’s Companies Circle introduced its new publication, Practical Guide to Corporate Governance: Experiences of the Companies Circle, and agreed to use the Roundtable’s networks to promote its dissemination in the region to further support corporate governance implementation.

 

The  Latin American Roundtable is a joint initiative of the OECD and IFC/World Bank Group, involving policy-makers, regulators, stock exchanges, and a range of private sector actors from Latin American and OECD countries concerned with corporate governance issues. The 2009 meeting was co-hosted by Chile’s Ministry of Finance, Securities and Insurance Commission, and the University of Chile’s Corporate Governance and Capital Markets Center, and was supported by the Global Corporate Governance Forum and Government of Spain.

 

Meeting Documents

         Session 2

        Session 3

         Session 6

 

Presentations

         Session 1

         Session 2

         Session 3

         Session 4

         Session 5

         Session 6

          Session 7

          Session 8

 

 

For more information about this event, please contact:
Ms. Felicia Rodriguez (Felicia.Rodriguez@oecd.org).

 

 

 

 

 

 

 

Countries list

  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China (People’s Republic of)
  • Chinese Taipei
  • Colombia
  • Comoros
  • Congo
  • Cook Islands
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic
  • Côte d'Ivoire
  • Democratic People's Republic of Korea
  • Democratic Republic of the Congo
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • European Union
  • Faeroe Islands
  • Fiji
  • Finland
  • Former Yugoslav Republic of Macedonia (FYROM)
  • France
  • French Guiana
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong, China
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Islamic Republic of Iran
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Korea
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao (China)
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia (Federated States of)
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Netherlands Antilles
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Administered Areas
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russian Federation
  • Rwanda
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Serbia and Montenegro (pre-June 2006)
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovak Republic
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian Arab Republic
  • Tajikistan
  • Tanzania
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States
  • United States Virgin Islands
  • Uruguay
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands (UK)
  • Wallis and Futuna Islands
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe