The Role of Capital Market Service Providers in Corporate Governance

Capital market service providers, such as proxy advisors, ESG ratings and data providers, and index providers, play an essential role in today’s global capital markets by informing investor decisions and shaping corporate governance practices. This report examines how corporate governance frameworks address the disclosure and management of conflicts of interest by these service providers, as well as the transparency of their methodologies. The report highlights emerging trends, areas of convergence and opportunities for improvement. It covers 50 jurisdictions, and includes three in-depth reviews of Belgium, Chile and India.