Asia: overview of corporate governance frameworks in 2007.

This paper presents a comparative table containing a comparative overview of the corporate governance frameworks in 13 Asian economies. The table is primarily based on information provided by experts in the respective economies. The information in the table is valid as of December 2006. Topical areas covered by the table are:

• ensuring the basis for an effective corporate governance framework- this includes laws, regulations and rules on corporate governance, and major organisations that Promote improvement of corporate governance
  
• shareholders' rights and equitable treatment- including shareholder information, shareholders’ participation, share in the profits of corporation, and insider trading
  
• the role of stakeholders in corporate governance- including employees' rights and creditors' rights
  
• disclosure and transparency- including consolidated financial reporting and reporting requirements
  
• the responsibilities of the board- including board committees and independent directors