The Role of Stock Exchanges in Corporate Governance - WFE World文档.docVIP

The Role of Stock Exchanges in Corporate Governance Authors: Hans Christiansen and Alissa Koldertsova, OECD Directorate of Enterprise and Financial Affairs, Corporate Affairs Division 1. Introduction The contribution of stock exchanges to improving standards of corporate governance in recent decades has been manifest. Through participation in developing national codes of corporate governance, by setting listing and maintenance requirements consistent with high standards of governance and through monitoring and disclosure of listed companies’ corporate governance arrangements, exchanges have