In November, the OECD published a report providing an assessment of the flexibility and proportionality arrangements available within corporate governance frameworks that relate to the following regulated areas:
• pre-emptive rights;
• board composition,
• board committees and board member qualifications;
• say on pay and the detail of disclosure on remuneration;
• related party transactions;
• disclosure of periodic financial information and ad-hoc information;
• major shareholding disclosure, and
• takeovers.
The report covers examples from 39 jurisdictions, including in-depth case studies of the United Kingdom; Sweden; Italy; Japan; the United States of America, and Portugal.
This report is summarised and available at their site – to visit click here.