Corporate governance initiatives have been developing at a rapid pace in the Commonwealth Caribbean through legislation, case law and codes. Commonwealth Caribbean Corporate Governance offers an overview of current practice and legal developments in corporate governance, highlighting the interpretation of the legislation through case law and the codes of corporate governance which have now been implemented. It also considers the challenges which emerging markets face in an attempt to adopt the corporate governance initiatives of developed markets. This text explores the emergence and development of corporate governance in the region from a range of angles, including the protection and empowerment of shareholders, the impact on government agencies, and the role and responsibilities of directors and officers in companies and in government agencies. Written by a panel of academics, legal practitioners and experts working in business, this book will be an invaluable resource for judges, lawyers, corporate executives and students of business, corporate law and corporate management.

There are many challenges to establishing good corporate governance standards in developing countries like the members of CARICOM, such as: -Minority investor protection isn't available or adequately enforced; -Costly corporate and securities law reforms are deemed unjustified, or of low priority; -Few firms are publicly listed and many lack true liquidity; and -Corporate governance is not seen as applying to non-listed companies.

Effective Corporate Governance is a manifesto for building highly effective Boards and corporations by balancing power, performance and profits with integrity, transparency, accountability and reform in private and public sectors. The book is the first publication on corporate governance from an emerging market perspective and is written specifically for the edification and continued development of company directors, chairmen , CEOs, CFOs, Internal Auditors, COOs, Legal Counsels, Company Secretaries, Head of Audit, Risk Management and Compliance, Bankers Financial Regulators, Policymakers, Management Consultants, Professors and studenbts of Business, Finance, Government, Accounting, Law, Public Policy, Journalists and Entrepreneurs. It addresses Corporate Governance Concepts, History, Development and Trends, Post Enron Developments, Reforming Corporate Governance Systems, Internal Control & Reporting, Case Studies on Good and Bad Corporate Governance, Role and Duties of Directors and Senior Officers, Critical Functions of an Effective Board, 21st Century Competencies of a Good Director, Selecting Chairman and Directors of State-owned Boards, Non-Executive versus Independent Directors, Board Composition, Monitoring and Evaluation, Compensation and Succession Planning, Role of Audit and other Sub-committees, Director Selection and Indoctrination and Improving Corporate and Political Governance.

Increasing productivity, enhancing social inclusion and strengthening institutions are top priorities for countries in Latin America and the Caribbean, and constitute therefore the three pillars of the OECD LAC Regional Programme. Good public governance and a strong culture of integrity are ...

This paper examines the relationship between ownership, corporate governance and liquidity in a Caribbean setting. Results show that firms with concentrated ownership are associated with lower liquidity. Further, the direction of the association depends on the identity of the largest shareholder. Specifically, firms with government, foreign holding companies and foreign institutions as the largest shareholder are less liquid. Although the second largest shareholding does not appear to matter to liquidity, there is some evidence showing that firms with foreign institutions as the second largest shareholder are less liquid. Corporate governance, however, is not related to liquidity.

This paper describes and discusses the relation between cybersecurity and corporate governance with a special interest on data protection in Latin America and the Caribbean. The motivation for the work resides in the growing role that data protection and privacy laws and regulations in developed countries reserve for corporate governance. These laws increasingly assign responsibilities to boards of directors and management with the expectation to incentivize firms to take data protection seriously in the face of cybersecurity and privacy risks. The paper presents these new rules and explores their current and potential use in the region, focusing on the rules and practices on data protection by Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay. The paper was commissioned by the United Nations' Economic Commission for Latin America and the Caribbean, ECLAC.

The publication Inward Visions: Caribbean Governance and Development offers a selection of papers that seek to pull together into a coherent framework the linkages of progress of our Caribbean society. In doing so, they allow for retrospective assessment and futuristic projections. Th e Most Honourable Professor Sir Kenneth, former Governor-General of Jamaica, is a well known and respected Caribbean academic who utilised the skills of his profession to analyse the main factors leading to the success of the Caribbean Integration process. Professor Sir Kenneth joined his academic work to a passion for education and has held positions of Chairman of the Caribbean Examination Council(CXC), Pro Vice Chancellor and Principal, UWI, Chancellor, University College of the Caribbean and Deputy Secretary-General, Caribbean Community. He is currently a Distinguished Research Fellow of the University of the West Indies. Myrtle Veronica Chuck-A-Sang, M.A. has co-edited several publications with Professor Sir Kenneth Hall on a range of issues relating to Caribbean Regional integration and International Relations. She was the former Director of the UWICARICOM Institutional Relations Project, Caribbean Community Secretariat and is currently the Editor and Managing Director of the Integrationist, Editor of the Integration Quarterly and Company Secretary, Caribbean Fellowship Inc.

The revised new edition of the must-read guide for executives—provides comprehensive coverage of topics in corporate governance by leading subject-matter experts The Handbook of Board Governance is the marketing-leading text on public, nonprofit, and private board governance. Providing comprehensive, in-depth coverage, this unique text represents a collaboration of internationally-recognized academics and prominent organization directors, executives, managers, and advisors. Contributors include Ariel Fromer Babcock, Robert Eccles, Alice Korngold, Ellie Mulholland, Michael Useem, Elizabeth Valentine and John Zinkin. Practical, expert guidance enables readers to understand value creation and the strategic role of the board, risk governance and oversight, audit and compensation committee effectiveness, CEO succession planning, and other diverse board duties and responsibilities. Now in its second edition, the Handbook offers substantial updates and revisions reflecting contemporary trends, practices, and developments in board governance. New content includes discussions of pressing issues related to climate change, examination of information technology and cybersecurity challenges, and recent tax legislation that will impact executive compensation. Editor Dr. Richard Leblanc—an award-winning teacher, professor, lawyer, management consultant, and specialist on boards of directors—integrates practical experience and academic rigor to assist readers: Build and strengthen engaged and collaborative leadership in the boardroom Recognize the role and responsibilities of a well-functioning governing board Risk governance, assurance, and the duties of directors Keep pace with new trends in board governance and shareholder responsibility Measure performance and align performance measurement to executive pay Understand information technology governance, sustainability governance, and the different forms of governance Highly relevant to board and committee members regardless of sector or industry, The Handbook of Board Governance, 2nd Edition is an invaluable source of knowledge on all aspects of corporate and organization governance.

This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.