Japanese Prime Minister Shinzo Abe has vowed to put corporate governance at the heart of his economic reforms.
Nicholas Pratt interviews the OECD’s Fianna Jurdant and charts the development of corporate governance across Asia amid a growing recognition of its importance.
”There is a growing realisation among Asian companies that corporate governance plays a key role in the competition for institutional capital, and inspiring investor confidence in the sound running of publicly listed companies.
Fianna Jurdant, senior policy manager at the OECD Corporate Affairs Division, speaking to Commercial Risk Asia, said this realisation has been demonstrated by Asian policymakers, who have welcomed the Organisation for Economic Co-Operation and Development’s (OECD) new G20/OECD Principles of Corporate Governance, launched in October 2015.
In addition to the November 2015 announcement from the Indonesian Financial Authority that it would adopt the Principles (see last issue), a number of fellow Asian market authorities have followed suit…….”
Source: Commercial Risk Europe News – http://www.commercialriskeurope.com/cre/4996/15/Asia-embraces-corporate-governance/