March 31, 2005
Improved Disclosure for Public Companies Around the World... The Trend Continues
As the US leads in corporate governance, even while its own companies complain, other countries follow suit. In many parts of the world where secrecy has prevailed in every aspect of business, there is a light starting to shine. That light is the light of improved corporate governance.
See this excerpt on Korea...
"LG leads corporate governance reform
The 1997 financial crisis has triggered major structural changes in Korea's family-controlled conglomerates, placing the nation at the forefront of corporate governance reform seen in Asia over the past few years.
Companies have tightened rules for disclosure and regulatory filings, filled at least half of their boards with outside directors, and strengthened internal codes of conduct and monitoring in a bid to promote transparent management." Click here for the complete article.
To simply your company's Sarbanes-Oxley compliance efforts, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm).
See this excerpt on Korea...
"LG leads corporate governance reform
The 1997 financial crisis has triggered major structural changes in Korea's family-controlled conglomerates, placing the nation at the forefront of corporate governance reform seen in Asia over the past few years.
Companies have tightened rules for disclosure and regulatory filings, filled at least half of their boards with outside directors, and strengthened internal codes of conduct and monitoring in a bid to promote transparent management." Click here for the complete article.
To simply your company's Sarbanes-Oxley compliance efforts, see www.issuescentral.com to learn more about the Sarbanes-Oxley Compliance Playbook(tm).
