Corporate Governance Law
Corporate Governance Law - US
- ABA - Model Business Corporations Act
The Model Business Corporation Act (MBCA) is a model set of law prepared by the Committee on Corporate Laws of the Section of Business Law of the American Bar Association and is followed by twenty four states.
- Corporate Governance - Definition
Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed. The principal stakeholders are the shareholders, the board of directors, employees, customers, creditors, suppliers, and the community at large.
- Corporate Practices and Procedures
The corporate governance practices and procedures of each Enterprise shall comply with applicable chartering acts and other Federal law, rules, and regulations, and shall be consistent with the safe and sound operations of the Enterprise.
- Global Principles of Accountability for Corporate Governance
Learn about corporate governance principles pertaining to board independence and leadership, board and executive compensation, audit integrity, corporate responsibility, share-owner rights, emerging market principles and so much more.
- Sarbanes-Oxley Act
The Sarbanes-Oxley Act was signed into law on 30th July 2002, and introduced highly significant legislative changes to financial practice and corporate governance regulation. It introduced stringent new rules with the stated objective: "to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws".
- TARP Standards for Compensation and Corporate Governance
his document contains corrections to an interim final rule that was published in the Federal Register on Monday, June 15, 2009. The rule relates to certain standards for compensation and corporate governance applicable to financial institutions receiving funds under the Troubled Asset Relief Program (TARP).
- TIAA-CREF - Statement Regarding Fund Governance and Practices
As a result of revelations relating to fund industry practices, people are watching investment companies closely. This heightened awareness presents a unique opportunity for our industry to come together to restore the trust of individual investors.
Organizations Related to Corporate Governance Law
- AFL-CIO - Corporate Watch
After tanking our economy, helping to put us in an 11 million job hole and, to top it all off, taking hundreds of billions in taxpayer bailout dollars, the big banks are right back to business as usual: by lobbying against meaningful financial reform. Instead of lending in their communities, they are choking off much-needed credit. And instead of working with Congress to develop good, commonsense regulations to prevent another financial meltdown, they are spending millions lobbying to protect their own narrow interests.
- Business Roundtable
Business Roundtable is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and more than 60 percent of all corporate income taxes paid to the federal government. Annually, they pay $167 billion in dividends to shareholders and the economy.
- Financial Accounting Standards Board (FASB)
Since 1973, the Financial Accounting Standards Board (FASB) has been the designated organization in the private sector for establishing standards of financial accounting that govern the preparation of financial reports by nongovernmental entities. Those standards are officially recognized as authoritative by the Securities and Exchange Commission (SEC) (Financial Reporting Release No. 1, Section 101, and reaffirmed in its April 2003 Policy Statement) and the American Institute of Certified Public Accountants (Rule 203, Rules of Professional Conduct, as amended May 1973 and May 1979).
- Global Corporate Governance Forum
The Global Corporate Governance Forum supports regional and local initiatives to improve corporate governance in middle- and low-income countries in the context of broader national or regional economic reform programs.
- International Chamber of Commerce - Corporate Governance
There are hundreds of codes and standards on corporate governance out there, their very variety reflecting differing legal traditions and national practices. This website aims to guide surfers through the maze . In western Europe, the emphasis is on satisfying society's expectations of governance systems, and especially the interests of employees and other stakeholders. Germany, France, the Netherlands and the Scandinavian countries come under that heading. Other systems stress the primacy of ownership, property rights and maximizing shareholder value. This approach is followed in the United States, Canada and Australia.
- International Corporate Governance Network
The ICGN is a global membership organisation of over 500 leaders in corporate governance based in 50 countries with a mission to raise standards of corporate governance worldwide. We invite you to join the ICGN and share your experiences, knowledge and expertise with fellow decision-makers in corporate governance from around the world.
- National Association of Corporate Directors
Working together through NACD, experienced board members impact the future of corporate governance. NACD's member network connects 10,000 directors with key stakeholders and the government to strengthen board practices and shape public opinion. By participating, you lead the way to strengthening investor confidence in corporate America. You make a difference.
Publications Related to Corporate Governance Law
- Corporate Compliance Insights
Launched in December of 2008 and sponsored by Conselium, Corporate Compliance Insights is a knowledge-sharing forum designed to educate and encourage informed interaction within the corporate compliance community. Corporate Compliance Insights combines featured articles written by some of the most experienced compliance and ethics professionals in the world with regular updates of important news events in the world of governance, risk, and compliance.
- Corporate Directors Forum
Corporate Directors Forum is a nonprofit organization (501C-6) founded in 1991 to promote high standards of professionalism in corporate governance, and we’ve done it with a commitment to our core values and beliefs, and guided by our purpose. At Corporate Directors Forum, we know that being a director is a challenging and important job — and we provide tools to help directors excel in the boardroom.
- Encycogov - Corporate Governance Encyclopedia
Encycogov is an interactive encyclopedia about corporate governance and financial issues. This site is produced by ViamInvest to the benefit of students, academics, investors and others.
The CGAI is a professional association of members certified in corporate governance post graduate studies. It provides members with continuous professional development programmes and other resources to enable them maintain their authority in this continually evolving subject.
- OECD Principles of Corporate Governance
First released in May 1999 and revised in 2004, the OECD Principles are one of the 12 key standards for international financial stability of the Financial Stability Forum (FSF) and form the basis for the corporate governance component of the Report on the Observance of Standards and Codes of the World Bank Group.
- Program on Corporate Governance - Harvard Law School
The Program on Corporate Governance, operating within the John M. Olin Center for Law, Economics, and Business, seeks to facilitate research and scholarship about corporate governance.
- The Internal Auditor's Role in CEO and CFO Certifications
The Securities and Exchange Commission (SEC) proposed new reporting requirements and on June 27, 2002, ordered CEOs and CFOs to personally certify, in writing and under oath, the accuracy of 2001 financial reports. This order applied to 947 companies with revenues of $1.2 billion or more.
Aritcles on HG.org Related to Corporate Governance Law
- Amendment to Article 211 of the Companies Act – Private Exempt CompaniesBy virtue of Act 3 of 2013 Article 211 of the Companies Act was amended such that, the words "is holder of, or has any interest in, any shares or debentures of the company or" in paragraph (b) of sub-article (2) thereof have been deleted.
- Liability of Directors in Canada - An ExcerptThis an excerpt of the Canada chapter of International Liability of Corporate Directors, 2nd ed., Juris Publishing, Feb. 2013. Parts of the full chapter are excluded, including, offering corporations, corporate reporting, role of securities commissions, insider trading, prospectus violations, loans and liability insurance and indemnification. Please consult the full chapter. Information only not legal advice.
- Tips on a Corporation's Daily Management - ChinaDispute raised by unsigned attachment annexed to a Contract.
- Should You Incorporate Your Accounting Practice?What are the costs and benefits of forming an accountancy corporation?
- Principles of Registered Capital System in Non-Public Turkish CompaniesThe communiqué on principles of registered capital system in non-public companies has been declared by the Ministry of Customs and Trade (hereafter the “Ministry”) and published on the Official Gazette dated 19 October 2012. The revolutionary communiqué brings out new corporate responsibilities for non public companies having registered capital system.
- Introduction of the Malta Recognized Incorporated Cell CompanyIn the 17th April 2012, the Companies Act (Recognized Incorporated Cell Companies) Regulations (the “Regulations”) were incorporated into Maltese law by virtue of L.N. 119 of 2012. The said Regulations are supplemented by the MFSA Investment Services Rules for Recognized Incorporated Cell Companies (“RICC”) and Incorporated Cells which have been integrated into the existing MFSA investment services regulatory framework...
- Venture Capital Law in SwitzerlandA Q&A guide to venture capital law in Switzerland which gives a high level overview of the venture capital market; tax incentives; fund structures; fund formation and regulation; investor protection; founder and employee incentivisation and exits. This article was first published in the PLC Multi-jurisdictional guide to Venture Capital Law 2012 and is reproduced with the permission of the publisher, Practical Law Company.
- May a Physician Compete against His or Her Former Practice?If you are in a group medical practice, you might wonder, “Can I or another doctor in this practice set up a competing practice?” “Will a non-competition agreement prevent it?” These questions are crucial both to the existing group and the physician who would set up the competing practice.
- Shareholder Buy-sell Agreements for Medical CorporationsIn this article I explain shareholder buy-sell agreements for physicians and medical corporations. A buy-sell agreement (also called a shareholders agreement) protects the corporation from the physician / shareholders, specifically their death, loss of license, disability, divorce and dispute.
- Limited and General Partnerships - NigeriaPartnership is one of the most common forms of establishing a business in Nigeria. The culture of sustaining long-term Partnerships that thrives and outlive their original partners have however remained mostly a mirage in Nigeria. The Lagos State Partnership Law describes a Partnership to be the relationship which exists between people, carrying on business otherwise than as a limited liability company or incorporated trustees, with the sole objective of making and sharing profits.
- All Business and Industry Law Articles
Articles written by attorneys and experts worldwide discussing legal aspects related to Business and Industry including: agency and distributorship, agency law, business and industry, business formation, business law, commercial law, contracts, corporate governance, corporate law, e-commerce, food and beverages law, franchising, industrial and manufacturing, joint ventures, legal economics, marketing law, mergers and acquisitions, offshore services, privatization law, retail, shareholders rights and utilities.