Corporate Governance In Costa Rica
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Author | : |
Publisher | : |
Total Pages | : 136 |
Release | : 2020 |
Genre | : |
ISBN | : 9789264536524 |
This review of Corporate Governance in Costa Rica was prepared as part of Costa Rica's accession process for OECD membership. During the three-year period of the review, the government made substantial progress in strengthening its institutional and legal framework in line with the G20/OECD Principles of Corporate Governance and OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs). The report evaluates Costa Rica's corporate governance policies and practices for both listed and state-owned companies. It finds that while Costa Rica's capital market is quite small, its framework for corporate governance of listed companies is largely consistent with the Principles. Costa Rica has seen particular progress in issuing a new corporate governance code and requirements related to ownership disclosure. For SOEs, which play a key role in the Costa Rican economy, the Presidency has taken important steps to establish a co-ordinating unit which has spearheaded numerous reforms. These reforms include issuing a government ownership policy, more transparent and structured appointments of SOE board members (while removing politicians from boards), and reporting on SOEs' performance. To further strengthen SOE performance and accountability, the report recommends additional steps to improve board practices, clarify performance objectives and implement International Financial Reporting Standards.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 137 |
Release | : 2020-10-07 |
Genre | : |
ISBN | : 9264458921 |
This review of Corporate Governance in Costa Rica was prepared as part of Costa Rica’s accession process for OECD membership. During the three-year period of the review, the government made substantial progress in strengthening its institutional and legal framework in line with the G20/OECD Principles of Corporate Governance and OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs).
Author | : |
Publisher | : |
Total Pages | : 136 |
Release | : 2020 |
Genre | : |
ISBN | : 9789264486119 |
This review of Corporate Governance in Costa Rica was prepared as part of Costa Rica's accession process for OECD membership. During the three-year period of the review, the government made substantial progress in strengthening its institutional and legal framework in line with the G20/OECD Principles of Corporate Governance and OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs). The report evaluates Costa Rica's corporate governance policies and practices for both listed and state-owned companies. It finds that while Costa Rica's capital market is quite small, its framework for corporate governance of listed companies is largely consistent with the Principles. Costa Rica has seen particular progress in issuing a new corporate governance code and requirements related to ownership disclosure. For SOEs, which play a key role in the Costa Rican economy, the Presidency has taken important steps to establish a co-ordinating unit which has spearheaded numerous reforms. These reforms include issuing a government ownership policy, more transparent and structured appointments of SOE board members (while removing politicians from boards), and reporting on SOEs' performance. To further strengthen SOE performance and accountability, the report recommends additional steps to improve board practices, clarify performance objectives and implement International Financial Reporting Standards.
Author | : |
Publisher | : |
Total Pages | : 139 |
Release | : 2015 |
Genre | : |
ISBN | : |
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 144 |
Release | : 2018-10-18 |
Genre | : |
ISBN | : 9264201866 |
Increasing productivity, enhancing social inclusion and strengthening institutions are top priorities for countries in Latin America and the Caribbean, and constitute therefore the three pillars of the OECD LAC Regional Programme. Good public governance and a strong culture of integrity are ...
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 78 |
Release | : 2011-07-01 |
Genre | : |
ISBN | : 9264116052 |
This report reflects long-term, in-depth discussion and debate by participants in the Latin American Roundtable on Corporate Governance.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 143 |
Release | : 2015-11-02 |
Genre | : |
ISBN | : 9264246991 |
This review analyses key areas of public governance in Costa Rica, identifying opportunities to improve the performance of the state in order to ensure more effective and efficient service delivery for all.
Author | : World Bank |
Publisher | : World Bank Publications |
Total Pages | : 241 |
Release | : 2019-11-21 |
Genre | : Business & Economics |
ISBN | : 1464814414 |
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 42 |
Release | : 1999-10-06 |
Genre | : |
ISBN | : 9264173706 |
These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 155 |
Release | : 2022-07-18 |
Genre | : |
ISBN | : 9264327444 |
Costa Rica is seeking to consolidate democratic gains to safeguard trust in government and build economic resilience. This Integrity Review looks at how Costa Rica can translate its recent National Strategy for Integrity and Prevention of Corruption into a concrete and coherent integrity policy.