Study on Monitoring and Enforcement Practices in Corporate Governance in the Member States
STUDY
ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE GOVERNANCE IN THE
MEMBER STATES
APPENDIX 1 DETAILED LEGAL ANALYSIS
Final Report
STUDY ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE
GOVERNANCE IN THE
MEMBER STATES
23 September 2009
PREPARED BY SUB-CONTRACTOR:
STUDY
ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE GOVERNANCE IN THE
MEMBER STATES
Table of content
AUSTRIA ______________________________________________________________________________ 6 PART I - DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES __ 8 PART II - DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN THE 27 MEMBER STATES _______________________________________________________________________ 14 BELGIUM_____________________________________________________________________________ 17 PART I DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES _______________________________________________________________________ 19 DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN PART II THE 27 MEMBER STATES _________________________________________________________________ 25 BULGARIA____________________________________________________________________________ 28 PART I - DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES _ 32 PART II - DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN THE 27 MEMBER STATES _______________________________________________________________________ 39 CYPRUS _____________________________________________________________________________ 43 PART I - DETAILED DESCRIPTION OF THE
ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE GOVERNANCE IN THE
MEMBER STATES
APPENDIX 1 DETAILED LEGAL ANALYSIS
Final Report
STUDY ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE
GOVERNANCE IN THE
MEMBER STATES
23 September 2009
PREPARED BY SUB-CONTRACTOR:
STUDY
ON MONITORING AND ENFORCEMENT PRACTICES IN CORPORATE GOVERNANCE IN THE
MEMBER STATES
Table of content
AUSTRIA ______________________________________________________________________________ 6 PART I - DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES __ 8 PART II - DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN THE 27 MEMBER STATES _______________________________________________________________________ 14 BELGIUM_____________________________________________________________________________ 17 PART I DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES _______________________________________________________________________ 19 DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN PART II THE 27 MEMBER STATES _________________________________________________________________ 25 BULGARIA____________________________________________________________________________ 28 PART I - DETAILED DESCRIPTION OF THE NATURE OF THE DIFFERENT NATIONAL CORPORATE GOVERNANCE CODES AND THEIR RELATIONSHIP WITH THE APPLICABLE NATIONAL LEGISLATION IN THE 27 MEMBER STATES _ 32 PART II - DETAILED DESCRIPTION OF THE MONITORING AND ENFORCEMENT MECHANISMS IN PLACE IN THE 27 MEMBER STATES _______________________________________________________________________ 39 CYPRUS _____________________________________________________________________________ 43 PART I - DETAILED DESCRIPTION OF THE