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.
- Governance
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
- Tax Transformation from Business Tax to Value-Added Tax in ChinaThe State Administration of Taxation has issued the Provisional Measures of Applying the Exempt, Credit and Refund Method to Zero-rated Value-added Tax Services in Their Transformation from Business Tax to Value-added Tax under the Pilot Program (the “Provisional Measures”) on April 5th, 2012, which has retrospectively become into effective since January 1st, 2012.
- Stepping Up on Corporate Governance of Listed Issuers in Hong KongIn line with the trend towards higher level of corporate governance and more accountability of listed issuers and their directors in many other countries, the Hong Kong Stock Exchange (the “Exchange”) released its Consultation Conclusions on Review of the Corporate Governance Code (“Code”) and Associated Listing Rules (the “Conclusions”) on 28 October 2011.
- Regulatory Compliance for Medical PracticesIn this article, I give you a quick overview of the major regulatory compliance areas for physicians and medical practices, namely: 1. Referral Laws -- Anti-Kickback and Stark Self-Referrals 2. Billing Medicare and Other Payers 3. HIPAA 4. Supervision of Staff 5. Test Case -- Sharing Offices with other Health Care Providers
- Legal Compliance Checklist for a Medical CorporationIn my last article, I ask the threshold question, Should you incorporate your medical practice? In this article, I give you a legal compliance checklist for your medical corporation. Incorporating a medical practice can feel overwhelming. There are so many unknowns to cause you anxiety. I write this checklist to fill in the unknown. This checklist gives you a bird’s eye view of legal compliance for your start-up medical corporation.
- Double Tax Treaties in CyprusThe Cyprus government’s fiscal policy clearly embraces tax incentives for foreigners, which act as a considerable inducement for those wishing to conduct international business on the island. One of the simplest indicators of this intention is the high number of double taxation treaties that Cyprus has executed with other countries.
- Corporate Social Responsibility by Limited Liability Companies - IndonesiaCorporate Social Responsibility (“CSR”) in Bahasa is known as tanggung jawab sosial perusahaan. Chapter V of Article 74 of the Law Number 40 of 2007 on Limited Liability Companies (“Company Law”) regulates on Social and Environmental Responsibilities, where Companies which perform its business activities in sectors of and/or related to natural resources are required to undertake social and environmental responsibilities.
- Role of Audit Committees under Nigerian Financial and Corporate LawsAudit Committees are part of internal audit mechanisms created by both public and private companies to ensure financial regulatory and risk management compliance of public and private companies to laid down financial laws and practices.
- Company Buy-Back and Repurchase of Stock Options and Restricted Stock - Article 5In this article #5, I explain how you take back an employee’s stock when the bum quits or you fire him. In the previous articles #3 - Stock Option Plans and #4 - Restricted Stock Plans, I introduced stock option plans and restricted stock plans. Don’t forget article #2, Equity Plans – Stock Options and Restricted Stock. In that article I introduced ten basic concepts for all equity plans, including restricted stock plans.
- Restricted Stock Plans - Article #4In this article #4, I explain how you use restricted stock plans to reward and encourage employees. In the previous Article #3 - Stock Option Plans I introduced stock option plans. Restricted stock plans work best for a small, select number of employees. These people are high level management; they are not rank-and-file employees. Think of restricted stock plans as one-off deals for individual employees.
- Stock Option Plans - Article #3In this article #3, I explain how you use stock option plans to reward and encourage employees. In the prior article, Equity Plans – Stock Options and Restricted Stock I introduced ten basic concepts for all equity plans, whether stock option plans or restricted stock plans. You should understand the prior article before moving on to this article.
- 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.

