Corporate Governance Country Assessment : Slovak Republic

World Bank

Washington, DC

关键词: ACCESS TO INFORMATION;    ACCOUNTABILITY;    ASSET STRIPPING;    AUTHORITY;    AUTHORIZATION;   

RP-ID  :  35181

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report provides an assessment ofthe corporate governance policy framework, and enforcementand compliance practices in the Slovak Republic. Slovakiahas already upgraded its legislation to meet European Union(EU) Directives. The legislative and regulatory frameworkdealing with corporate governance issues has improved. Themajor issues identified by this review include: 1) thegeneral weakness of the supervisory board, which causes somenon-compliance with several of the Organization for EconomicCooperation and Development - OECD - Principles; 2) lack ofprotection for shareholders of "Free Market"companies, and, 3) inadequate authority and institutionalcapacity at the Financial Market Authority (FMA). Strengthsand weaknesses are highlighted and policy recommendationsmade where appropriate. The report proposes that anInstitute of Directors be created to train supervisory boardmembers, disseminate best practice, and promote dialoguebetween the public and private sectors. Together, therecommendations give issuers the choice to implement bestpractice, and for investors a benchmark against which tomeasure corporate governance in Slovakia.