Corporate Governance Country Assessment : Mauritius
This report provides an assessment of the corporate governance practices of listed companies in Mauritius within the broader context of the institutional capacity needed to ensure compliance and enforcement. Strengths and weaknesses are highlighted...
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Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2002/10/6584826/mauritius-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14477 |
Summary: | This report provides an assessment of
the corporate governance practices of listed companies in
Mauritius within the broader context of the institutional
capacity needed to ensure compliance and enforcement.
Strengths and weaknesses are highlighted and policy
recommendations made where appropriate. Mauritius capital
markets are well developed relative to other African
economies. There are 40 companies listed on the Official
Market of the Stock Exchange of Mauritius, with a total
market capitalization of USD 1billion, equivalent to 21.6
percent of GDP for 2000. While overall, the Mauritius
economy has done remarkably well over the past 30 years,
with a real GDP growth of 5.9 percent a year between 1973
and 1999, this assessment of corporate governance highlights
issues that may have contributed to a slowing of growth in
recent years. |
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