Corporate Governance Country Assessment : Republic of Latvia
This report provides an assessment of the corporate governance policy framework and enforcement and compliance practices in Latvia. Latvia has already invested considerable resources in upgrading its legislation to meet EU Directives, and the legis...
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Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2002/12/6581818/latvia-republic-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/14509 |
Summary: | This report provides an assessment of
the corporate governance policy framework and enforcement
and compliance practices in Latvia. Latvia has already
invested considerable resources in upgrading its legislation
to meet EU Directives, and the legislative and regulatory
framework dealing with corporate governance issues is quite
robust. Strengths and weaknesses are highlighted and policy
recommendations made where appropriate. This report promotes
private sector initiatives and capacity building to follow
up on the legislative progress on corporate governance
reform. It recommends the development of a Latvian or
regional voluntary code of best practice of corporate governance. |
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