Taiwan: ACGA corporate governance white paper

The Asian Corporate Governance Association yesterday published its white paper on corporate governance in Taiwan: see here (pdf). The white paper makes suggestions for improving governance with regard to shareholder meetings and voting, board effectiveness and shareholder rights.

Japan: company law reform - a letter from the ACGA

The Asian Corporate Governance Association has published its letter to the Ministry of Justice concerning reforms to company law being considered by the Legislative Advisory Council's Company Law Sub-Committee: see here (pdf). According to the letter, the reforms being considered are wide-ranging and include, for example, the general model of governance, the role and authority of statutory auditors and the role of directors. The ACGA's letter sets out its position on various matters including independent directors, board committees, the role of statutory auditors and shareholder rights.

ACGA report: independent directors - rules and recommendations

The Asian Corporate Governance Association has published a useful overview of the rules and recommendations regarding independent directors in China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand: see here (pdf).

India: ACGA issues white paper on corporate governance

The Asian Corporate Governance Association has published a white paper making recommendations for the improvement of corporate governance in India: see here (pdf). The recommendations fall within five headings: shareholder meetings and voting, related party transactions, preferential warrants, disclosure and the auditing profession.

Japan: corporate governance reform - ACGA statement

The Asian Corporate Governance Association has published a statement setting out its position on various governance issues. The statement provides a useful overview of recent business and government agency publications in the governance area. The ACGA recommends, inter alia, a greater role for independent directors and that Japan should adopt a national corporate governance code.