Отчет об улучшении корпоративного управления в Гонконге

Оригинал на английском языке. Гонконгский институт лицензированных публичных бухгалтеров. Обзор текущего состояния (дата издания отчета 15.12.2017) корпоративного права Гонконга, основанного на Ординансе "О компаниях" 2014 года (Hong Kong Companies Ordinance) и Ординансе "О ценных бумагах и фьючерсах" 2003 года (Hong Kong Securities and Futures Ordinance).

Последнее обновление: Четверг, 19 сентября 2019

Executive Summary I Key Findings

Introduction Hong Kong's emergence as a global financial centre has brought far greater attention to its role in the global market place and the standards it engages as compared to other leading global centres. Markets compete on a range of factors, amongst which the corporate governance (CG) system is of…
Последнее обновление: Среда, 29 мая 2019

Executive Summary II Summary of Recommendations

Classification A total of 28 recommendations have been made. Twenty-two propose changes that can be made by regulatory agencies, two require a change to legislation, and another four may require legislative change subject to the outcome of a further consultative process. Ten recommendations propose improvements to board processes that will…
Последнее обновление: Среда, 29 мая 2019

Executive Summary III Approach to the Study

The topic of CG and its improvement When the topic of CG is raised in any discussion it is readily apparent that the potential breadth of the topic is only matched by the profusion of applied, conceptual and value¬laden variations in what the term «corporate governance» means and implies to…
Последнее обновление: Среда, 29 мая 2019

Executive Summary IV Abridged Text of the Analysis

This abridgement is provided as a means of enabling a faster and less detailed reading of the main Section 3 «Discussion and analysis of jurisdictions studied» of this Report and the recommendations that it gives rise to, as detailed in Section 4 «Recommendations». As such, this abridgement does not comprise…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. Introduction

The importance of corporate governance (CG) for Hong Kong as an international financial centre cannot be over-emphasized. Management of a publicly listed company bears considerable responsibility, both commercially and under the law, as regards the manner in which the affairs of the company are undertaken, and with responsibility also comes…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. 1.1 Purpose of this Report

The purpose of the present study is to investigate the CG framework in Hong Kong and to make recommendations as to how it may be further developed to improve the long term competitiveness of the Hong Kong public market. To this end, the study has researched four overseas jurisdictions -…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. 1.2.1 Domestic drivers

The modern development of CG reform in Hong Kong can be traced to various sources. The last few decades of the 20th century witnessed the inception of the foundations on which today's system of financial market regulation rest. In the period since the 1990s to date, a more specific, targeted…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. 1.2.2 Global drivers

The development of CG in Hong Kong did not occur in isolation to the global scene but was often triggered by events and developments elsewhere, in particular the UK and the United States. The collapse of wallpaper group Coloroll and Polly Peck in the UK led to the establishment of…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. 1.3 Structure of this Report

Other than this introductory Section 1 and the concluding remarks in the final Section 5, this report comprises three substantive sections. Section 2 explains the methodology employed in undertaking the study, Section 3 presents a detailed analysis of the data obtained from each of the jurisdictions studied, which leads to…
Последнее обновление: Вторник, 28 мая 2019

1. Introduction to the Study and its Purposes. 1.3.1 Methodology

Section 2 discusses the initial methodological questions that needed to be addressed from the outset of the study: defining the scope of CG as a concept, and determining the geographical scope of the comparator jurisdictions. Given the profusion of applied, conceptual and value-laden variations in how CG can be understood,…
Страница 1 из 9

 

Содержание отчета

Executive summary
Executive Summary I Key Findings
Executive Summary II Summary of Recommendations
Executive Summary III Approach to the Study
Executive Summary IV Abridged Text of the Analysis

1 Introduction to the study and its purposes
Introduction
1.1 Purpose of this Report
1.2 The development of CG in Hong Kong
1.2.1 Domestic drivers
1.2.2 Global drivers
1.3 Structure of this Report
1.3 Structure of this Report
1.3.1 Methodology
1.3.2 Analysis
1.3.3 Recommendations
1.4 Scope and limitations of this Report
1.5 Next steps

2 Methodology
Introduction
2.1 Scope
2.1.1 CG concepts
2.1.2 CG Geographic reach
2.1.3 CG mechanisms
2.2 Work process
2.2.1 Data collection
2.2.2 Initial data organization
2.2.3 Oral evidence
2.2.4 Parity check
2.2.5 Analysis
2.2.6 recommendations

3 Discussion and analysis of jurisdictions studied
Introduction
3.1 Overarching considerations
3.1.1 Thematic topics
3.1.2 Trends in regulating CG standards
3.1.3 The role of culture
3.1.4 The methodology of assessment
3.1.5 Cost-benefit considerations
3.1.6 Maintaining competitiveness
3.1.7 Effectiveness
3.2 Non-locally incorporated companies
3.2.1 Application of local laws and regulations
3.2.2 Cross border enforcement and cooperation
3.3 Information
3.3.1 Legal status of CG disclosures
3.3.2 Disclosure of listing rule compliance
3.3.3 Board evaluation
3.3.4 Audit committee
3.4 Involvement
3.4.1 Shareholder stewardship
3.4.2 Shareholder votes
3.4.3 Remuneration
3.4.4 Changes of control
3.5 Equality
3.5.1 Voting rights generally
3.5.2 Weighted voting rights
3.6 Accountability
3.6.1 Information disclosures generally
3.6.2 Listing rules
3.6.3 Board refreshment
3.6.4 Appointment of independent directors
3.7 Effectiveness
Part A - CG system design
3.7.1 Impact of regulatory design
3.7.2 Policy development agencies
3.7.3 Enforcement agencies
3.7.4 Audits of public companies
3.7.5 Duties of directors
3.7.6 Role of fiduciary law
Part B - Specific actions
3.7.7 Differentiation of CG requirements
3.7.8 Listing regime standards upon entry
Part C - Independent directors
3.7.9 Determination of independence
3.7.10 Requirements relating to INED performance
3.7.12 Empowerment of INEDs - controlling shareholders
Part D - Other items
3.7.13 Whistle-blowing
3.8 Coda

4 Recommendations
Introduction and approach to the recommendations
Part A - The board
4.1 Processes
4.2 Independent directors
4.3 CG standards
Part B - Enforcement
4.4 Shareholders
4.5 CG disclosures
4.6 Regulators
4.7 Ex ante mechanisms
Part C - Architecture and policy
4.8 Architecture
4.9 Policy
4.10 Summary tables

5 Concluding remarks
5.1 The Recommendations
5.2 The Hong Kong market

Юридический перевод с английского и немецкого языка.

Москва.

Перевод с английского и немецкого языка: 400 руб./стр.

Стоимость перевода новых редакций ранее переведенных документов: 200 руб./стр.

Перевод законов: индивидуально (пишите).

Подробнее о стоимости и услугах переводчика.

Image

translate@en-cn.ru

Copyright © 2014-2020. Переводчик с английского и немецкого. Москва.