Corporate Governance in Lithuania:
This review of Corporate Governance in Lithuania was prepared in the context of Lithuania’s accession process to the OECD. It assesses Lithuania’s corporate governance arrangements – the laws, regulations and institutions that shape company oversight – for listed companies and state-owned enterprise...
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2018
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Schriftenreihe: | Corporate Governance
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Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | This review of Corporate Governance in Lithuania was prepared in the context of Lithuania’s accession process to the OECD. It assesses Lithuania’s corporate governance arrangements – the laws, regulations and institutions that shape company oversight – for listed companies and state-owned enterprises (SOEs) against the standards of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report reaches a positive overall assessment of Lithuania’s willingness and ability to implement these corporate governance standards and makes a number of recommendations to address remaining weaknesses. With respect to listed companies, the report notably recommends that Lithuania give priority to monitoring implementation of recent legislative reforms to strengthen corporate boards of directors and, in the medium term, consider further strengthening and clarifying their legal responsibilities. With respect to SOEs, this report recommends that Lithuania give priority to further strengthening the effectiveness of the state’s ownership coordination function, ensuring that the state’s requirements on board composition and disclosure practices are fully implemented by the SOEs for which they are mandatory and moving forward with plans to convert commercially-oriented statutory SOEs to limited liability companies |
Beschreibung: | 1 Online-Ressource (176 Seiten) 21 x 28cm |
ISBN: | 9789264302617 |
DOI: | 10.1787/9789264302617-en |
Internformat
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isbn | 9789264302617 |
language | English |
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series2 | Corporate Governance |
spelling | Corporate Governance in Lithuania Organisation for Economic Co-operation and Development Paris OECD Publishing 2018 1 Online-Ressource (176 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier Corporate Governance This review of Corporate Governance in Lithuania was prepared in the context of Lithuania’s accession process to the OECD. It assesses Lithuania’s corporate governance arrangements – the laws, regulations and institutions that shape company oversight – for listed companies and state-owned enterprises (SOEs) against the standards of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report reaches a positive overall assessment of Lithuania’s willingness and ability to implement these corporate governance standards and makes a number of recommendations to address remaining weaknesses. With respect to listed companies, the report notably recommends that Lithuania give priority to monitoring implementation of recent legislative reforms to strengthen corporate boards of directors and, in the medium term, consider further strengthening and clarifying their legal responsibilities. With respect to SOEs, this report recommends that Lithuania give priority to further strengthening the effectiveness of the state’s ownership coordination function, ensuring that the state’s requirements on board composition and disclosure practices are fully implemented by the SOEs for which they are mandatory and moving forward with plans to convert commercially-oriented statutory SOEs to limited liability companies Governance Lithuania https://doi.org/10.1787/9789264302617-en Verlag kostenfrei Volltext |
spellingShingle | Corporate Governance in Lithuania Governance Lithuania |
title | Corporate Governance in Lithuania |
title_auth | Corporate Governance in Lithuania |
title_exact_search | Corporate Governance in Lithuania |
title_exact_search_txtP | Corporate Governance in Lithuania |
title_full | Corporate Governance in Lithuania Organisation for Economic Co-operation and Development |
title_fullStr | Corporate Governance in Lithuania Organisation for Economic Co-operation and Development |
title_full_unstemmed | Corporate Governance in Lithuania Organisation for Economic Co-operation and Development |
title_short | Corporate Governance in Lithuania |
title_sort | corporate governance in lithuania |
topic | Governance Lithuania |
topic_facet | Governance Lithuania |
url | https://doi.org/10.1787/9789264302617-en |