OECD Principles of Corporate Governance definition

OECD Principles of Corporate Governance means the corporate governance principles, dated 2004, issued by the Steering Group on Corporate Governance of the Organization for Economic Co-operation and Development in response to the request from the OECD Council Meeting at Ministerial Level held on April 27/28, 1998.

Examples of OECD Principles of Corporate Governance in a sentence

  • It benchmarks the country’s observance of corporate governance against the OECD Principles of Corporate Governance and is based on a template developed by the World Bank.

  • The Code is based on the provisions of Austrian corporation law, securities law and capital markets law, the EU recommendations on the tasks of supervisory board members and on the remuneration of directors as well as on the principles set out in the OECD Principles of Corporate Governance.

  • Recent developments include the adoption of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and of the OECD Principles of Corporate Governance, the OECD Guidelines for Consumer Protection in the Context of Electronic Commerce, and ongoing work on the OECD Guidelines on Transfer Pricing for Multinational Enterprises and Tax Administrations.

  • State-owned enterprises should observe high standards of transparency in accordance with the OECD Principles of Corporate Governance.

  • The first set of disclosure recommendations is identical to disclosure items outlined in the OECD Principles of Corporate Governance.

  • The framework should build on, and be fully compatible with, the OECD Principles of Corporate Governance.

  • The OECD Principles of Corporate Governance hold that it is important for the market to know whether a company is being operated with due regard to the interests of all its investors.

  • The Regulation incorporates the regulations arising from the mandatory statutory framework (Law 3016/2002, Law 4261/2014, Bank of Greece Governor's Directive (BGGD) number 2577/9.3.2006, Capital Market Commission Resolution No. 5/204/14.11.2000, the provisions of the Athens Stock Exchange Regulations, etc.) and the best international Corporate Governance practices have been adopted, including the OECD Principles of Corporate Governance (2004).

  • Based on the OECD Principles of Corporate Governance (2004).• an independent6 chairperson;• 18 representatives of the consortium institutions7;• the GCP Director.

  • Whilst the OECD Principles of Corporate Governance apply in general to corporate entities as well as those in which shareholding is available to the public, it is generally acceptable that all organisations have stakeholders of various categories all of whom are well served by strong corporate governance framework.

Related to OECD Principles of Corporate Governance

  • New Corporate Governance Documents means such certificates or articles of incorporation, bylaws, or such other applicable formation documents of some or all of the Reorganized Debtors, which form shall be consistent with the terms of the Plan and shall be included in the Plan Supplement.

  • Corporate governance annual disclosure means a report an insurer or insurance group files in accordance with the requirements of Chapter 16b, Corporate Governance Annual Disclosure Act.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Governance means rules, processes and be- havior that affect the way in which powers are exercised. The term “territorial governance” may be used to denominate the political concern to coordinate policies, programs and projects in re- lation to a specific territorial development.

  • SEBI Listing Regulations means SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended

  • Insider Trading Regulations means the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time.

  • Public Governor means a member of the Council of Governors elected by the members of one of the Public Constituencies;

  • StarCompliance Code of Ethics application means the web-based application used to electronically pre-clear personal securities transactions and file many of the reports required herein. The application can be accessed via the AB network at: https://alliance-ng.starcompliance.com/.

  • Governance Term Sheet means the Governance Term Sheet attached as Exhibit F to the Restructuring Support Agreement.

  • Vigilance and Ethics Officer means an officer appointed to receive protected disclosures from whistle blowers, maintaining records thereof, placing the same before the Audit Committee for its disposal and informing the Whistle Blower the result thereof.

  • Ethics means a set of principles governing the conduct of all persons governed by these rules.

  • lead governor means the governor nominated by the corporation to fulfil the role described in Appendix B to The NHS Foundation Trust Code of Governance (Monitor, December 2013) or any later version of such code.

  • Office of the Governor means the Governor; his chief of staff, counsel, director of policy, Cabinet

  • Company Governing Documents means the Company Bylaws and the Company Certificate.

  • Listing Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

  • Code of Ethics means a statement encompassing the set of rules based on values and the standards of conduct to which suppliers are expected to conform

  • Applicable Banking Regulations means at any time the laws, regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, then applicable to Banco Santander and/or the Group including, without limitation to the generality of the foregoing, the CRD IV, the BRRD, the SRM Regulation and those regulations, requirements, guidelines and policies relating to capital adequacy, resolution and/or solvency of the Regulator and/or the Relevant Resolution Authority then applicable to Banco Santander and/or the Group including, among others, those giving effect to the MREL and the TLAC or any equivalent or successor principles, in each case to the extent then in effect in the Kingdom of Spain (whether or not such regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to Banco Santander and/or the Group).

  • Award Procedures means the procedures for entering into Call-off Contracts set out at Schedule 3.

  • NZOC Nomination and Selection Regulation means the regulation of NZOC relation to the nomination and selection Process for all Olympic and Commonwealth games, including the Games.

  • Deputy Governor means a person nominated by the governor in accordance with Article 180 of the Constitution;

  • the Governors means the directors of the Academy Trust (and “Governor” means any one of those directors), subject to the definition of this term at Article 6.9(b) in relation to Articles 6.2-6.9;

  • Governance Committee means the Governance Committee of the Board.

  • the Parent Governors means the Governors appointed pursuant to Articles 53 to 58 inclusive;

  • Governance Agreement has the meaning set forth in the Recitals.

  • Federal poverty guidelines means the poverty guidelines published annually in the Federal Register by the United States Department of Health and Human Services under its authority to revise the poverty line under section 673(2) of subtitle B of title VI of the omnibus budget reconciliation act of 1981, 42 USC 9902.

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.