Published on 01 Dec 2013 • USA (National/Federal) |
Millstein Report (1998) | OECD Principles (1999) |
Fairness: Ensuring the protection of shareholder rights, including the rights of minority shareholders and foreign shareholders. | Principles I and II: Protect Shareholder Rights; Treat Minority and Foreign Shareholders Equitably |
Transparency: Timely disclosure of adequate, clear, and comparable information about corporate financial performance, governance and ownership. | Principle IV: Timely, Accurate Disclosure on Financial Situation, Performance, Ownership & Governance |
Accountability: The role of the board in ensuring that the shareholders’ assets are used as contemplated. | Principle V: Effective Monitoring of Management by the Board and Board Accountability to the Company and its Shareholders |
Responsibility: Making sure that the company complies with the laws and regulations that the society has decided reflect its values. | Principle III: Cooperation with Stakeholders in Creating Wealth, Jobs and Sustainability of Financially Sound Enterprises |