Corporate governance disclosure: Selected practices

The ISAR has been working in the area of corporate governance since 1989 (ISAR, 1989, Conclusions on disclosure requirements concerning the annual report of the board of directors, E/C.10/AC.3/1989/6). Since the twenty-first session of ISAR in 2004, the Group of Experts has welcomed a series of annual reviews and individual country case studies presented at subsequent ISAR sessions. These annual reviews examined corporate governance disclosure practices around the world, with a special focus on emerging markets. The studies were facilitated by the development of UNCTAD’s ISAR benchmark of good practices in corporate governance disclosure. This benchmark consists of over fifty individual disclosure items and is based on the UNCTAD publication Guidance on Good Practices in Corporate Governance Disclosure (UNCTAD/ITE/TEB/2006/3). That publication was the outcome of ISAR deliberations, particularly those of the twenty-second session. At the twenty-seventh session, the Group of Experts requested that UNCTAD continue to facilitate the production of such studies in partnership with local institutions and with a focus on providing practical information to policymakers, investors and other stakeholders.

Related Subject(s): International Trade and Finance