ŠEDOVÁ, Jindřiška. Importance of the Corporate Governance for Maintaining th Trust of Investors. In Sborník z mez. konference: Future of banking after the year 2000 in the world and in the Czech Republic. Regulation and Supervision of the capital market. VII. Karvina: Silesian University Opava. School of Business Administration Karvina, 2003, p. 231-241. ISBN 80-7248-215-7.
Other formats:   BibTeX LaTeX RIS
Basic information
Original name Importance of the Corporate Governance for Maintaining th Trust of Investors.
Authors ŠEDOVÁ, Jindřiška (203 Czech Republic, guarantor).
Edition VII. Karvina, Sborník z mez. konference: Future of banking after the year 2000 in the world and in the Czech Republic. Regulation and Supervision of the capital market. p. 231-241, 11 pp. 2003.
Publisher Silesian University Opava. School of Business Administration Karvina
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50200 5.2 Economics and Business
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
RIV identification code RIV/00216224:14560/03:00008435
Organization unit Faculty of Economics and Administration
ISBN 80-7248-215-7
Keywords in English corporate governance; shareholder protection; issuers' obligation to inform
Tags corporate governance, issuers' obligation to inform, shareholder protection
Changed by Changed by: JUDr. Jindřiška Šedová, CSc., učo 1167. Changed: 17/12/2003 22:05.
Abstract
Over the last year, the Czech Securities Commission has issued a number of rules, which can be applied to minimize the risks and prevent market failures undermining the trust of investors. Since the risk of a failure of authorised representatives and corporate management, the risk of fraud and risk of an improper instrument being offered are among major risks dangerous to the investors, the Czech Securities Commission has adopted a Corporate Governance Code based on the OECD corporate governance principles. The current practice of corporations indicates that the awareness and application of corporate governance principles have not yet taken root in the Czech business environment. The paper is concerned with a concise definition of these principles. Without their knowledge, correct understanding is unthinkable of the newly adopted laws necessary to implement the EU directives requiring continuous and periodic transparency from the issuers and holders of securities accepted for trading in a regulated market. The current transparency requirements are set forth in the Council Directive 2001/34 EC. In compliance with the requirements of this directive, the Czech Securities Commission prefers in the rules adopted particularly periodic-reporting requirements and stricter requirements calling for publishing ad hoc, that is, price sensitive information.
Links
GA402/00/0312, research and development projectName: Komparace vývoje bankovního sektoru ve světě a v České republice v 90. letech
Investor: Czech Science Foundation, Comparison of the Banking Sector Development in the World and in the Czech Republic in the 1990s.
PrintDisplayed: 7/5/2024 18:54