survey says... corporate governance matters to investors in emerging market companies

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  • 7/31/2019 Survey Says... Corporate Governance Matters to Investors in Emerging Market Companies

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    Cj}{j}gye Djxe}bgbce Ogyye}s yj Fbxesyj}s fb Eoe}dfbd Og}aey Cjo{gbfes

    MvXfa}gogifyvgAngbbggbi]jogb\v`g

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    ye}esyei {g}yfes tgbyfbd yj abjt oj}e, yne}e fs gb fo{}essfxe mjiv j }eseg}cn yngy `jjas

    gy cjo{gbfes gbi yne cjbbecyfjb meyteeb sy}jbd djxe}bgbce gbi meyye} {e}j}ogbce"

    Njtexe}, yne e~fsyfbd `fye}gyu}e jb`v djes sj g}" Fy ijes bjy `jja gy tneyne} yne `exe` gbi

    wug`fyv j }o/`exe` cj}{j}gye djxe}bgbce {`gvs g }j`e gs `g}de/scg`e fbxesyj}s cjbsfie}

    fbxesyoeby iecfsfjbs fb eoe}dfbd og}aeys"

    Yfs syuiv j eoe}dfbd og}aey fbxesyj}s sneis `fdny jb ynfs fssue gbi }exeg`s yngy eoe}dfbd

    og}aey fbxesyj}s cg}e iee{`v gmjuy cj}{j}gye djxe}bgbce"

    Ye bifbds ngxe sfdbfcgby fo{`fcgyfjbs, bjy jb`v j} yne eoe}dfbd og}aeys musfbess gbi

    bgbce cjooubfyv, muy j} {j`fcv ogae}s, gcgieofcs, yne oeifg, gs te`` gs j} iexe`j{/

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    Ynefbye}xfetstfynfbxesyoebyiecfsfjbogate}ejhh/yne/}ecj}igbite}ecjbiucyeiyn}judnhgce/yj/hgcegbiye`e{njfbye}xfetsfbBetVj}agb@jbijb"

    Fbye}xfetsyjja{`gcefbG{}f`Ogv=;7;"

    Su}xev Sgvs

    aev hfbifbds4% Mjg}i Mgsei

  • 7/31/2019 Survey Says... Corporate Governance Matters to Investors in Emerging Market Companies

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    8pSu}xevSgvsCj}{j}gyeDjxe}bgbceOgyye}syjFbxesyj}sfbEoe}dfbdOg}aeyCjo{gbfes

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    Ov}otju`i{gvg{}eofuojhgy`egsy=;{e}cebyhj}djjidjxe}bgbcefbgbeoe}dfbdog}aeycjo{gbv 3>%

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    yj g 9; {e}ceby {}eofuo"

  • 7/31/2019 Survey Says... Corporate Governance Matters to Investors in Emerging Market Companies

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    Su}xevSgvsCj}{j}gyeDjxe}bgbceOgyye}syjFbxesyj}sfbEoe}dfbdOg}aeyCjo{gbfesp6

    Ye cjomfbgyfjb j g yn}esnj`i eecy gbi yneb g nfdne} {}eofuo fb eoe}dfbd

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    Yfs xfsug` ie{fcyfjb j yne fo{gcy j djxe}bgbce snjts fys fo{j}ygbce gbi

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    bgbce gyy}fmuyes yngy tju`i fbuebce yne iecfsfjb:

    hfdu}e 5" fo{}jxei cj}{j}Gye djxe}bGbce fo{Gcy jb {}eofG

    3" eoe}dfbd oG}aey fbxesyj}s me`fexe ynGy meyye}hf}o/`exe` djxe}bGbce cGb oGae u{ hj} cjuby}v

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    bgbce {}gcyfces fb yne og}aey fb tnfcn ynev j{e}gye"

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    gbi `jcg` musfbess cusyjos% 9>%

    Sng}enj`ie}}fdnyssucngsygd/g`jbd}fdnys >3% 74% ;%

    Mjg}i{}jcess ;% 3% 64%

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    dg cgg x g

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  • 7/31/2019 Survey Says... Corporate Governance Matters to Investors in Emerging Market Companies

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  • 7/31/2019 Survey Says... Corporate Governance Matters to Investors in Emerging Market Companies

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    79pSu}xevSgvsCj}{j}gyeDjxe}bgbceOgyye}syjFbxesyj}sfbEoe}dfbdOg}aeyCjo{gbfes

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