16-17 December 2010, Shanghai, People's Republic of China

The 2010 OECD-Asian Roundtable on Corporate Governance was co-hosted by the China Securities Regulatory Commission (CSRC) and the Shanghai and Shenzhen Stock Exchanges.

Roundtable participants discussed an updated draft of the Asian White Paper on Corporate Governance that addresses emerging challenges in the Asian corporate governance landscape. Discussions benefitted from a stocktaking report which summarises Asia’s track-record in implementing the recommendations in the Asian White Paper on Corporate Governance.

Any requests for information should be addressed to Ms Fianna Jesover, Senior Policy Manager, OECD Corporate Affairs Division ([email protected]).

Documentation

Agenda

Presentations

Inaugural Session

• CG Practices in SSE: Retrospect and Prospect - Mr. Zhou Qinye, Executive Vice President, SSE

Session One: The Corporate Governance Framework in China: the Report on Corporate Governance in China

• China Listed Company Corporate Governance Development and Prospect - Mr. Hua Yang, Director General, CSRC
• Vanke Limited.Co - Mr. Shi Wang, Chairman
• Discussion of China’s Corporate Governance Self-Assessment - Mr. Ben Cushman, Vice Chair, OECD Corporate Governance Committee, International Economist, U.S. Department of the Treasury

Session Two: Corporate Governance Developments in Asia and Launch of “Corporate Governance in Asia: Progress and Challenges”

• Corporate Governance in Asia: Progress and Challenges - Mr. Andreas Grimminger, Director of Communication and Co-Head of Research, eStandards Forum
• Corporate Governance Developments in Europe : Where are we? - Mr. Patrice Aguesse, Director, Regulatory Policy Division, Autorité des Marchés Financiers, France

Session Three:  Revision of the White Paper - Drafting Session (I) Challenges: Effective Implementation and Enforcement

Session Four:  Revision of the White Paper - Drafting Session (II) Developing Shareholder Engagement and Responsibility

• Revision of the White Paper (II) Developing Shareholder Engagement and Responsibility - Mr. Jisoo LEE, Analyst, Centre for Good Corporate Governance, Korea

Session Five: Revision of the White Paper - Drafting Session (III) Enhancing Disclosure and Transparency

Session Six: Revision of the White Paper - Drafting Session (IV) Enhancing Board Quality and Effectiveness

• Enhancing Board Quality and Effectiveness - Dr. Jesus Estanislao, Chairman, Institute of Corporate Directors, Philippines

Session Seven: Implementing the OECD Principles of Corporate Governance – Peer Review: Board Practice and Executive Remuneration

• Executive Compensation & Corporate Governance - Mr. Atsushi Saito, President & CEO, Tokyo Stock Exchange Group, Inc.(TSE), Japan
•  Board Practices & Executive Remuneration The Brazilian Recent Experience - Mr. Dov Rawet Analyst, CFA, Corporate Finance Division, Securities and Exchange Commission, Brazil

Concluding Session and ‘tour de table’

Minority Shareholders Rights in Asia The Weak Shall Be Strong - Mr. Kha Loon Lee, Head, Asia Pacific, Standards and Financial Market Integrity, CFA Institute

Further reading

• Overview of the OECD-Asian Corporate Governance Roundtable
• Guide on Fighting Abusive Related Party Transactions, OECD 2009 
• OECD Principles of Corporate Governance, OECD 2004 
• Asian White Paper on Corporate Governance, OECD 2003