Uruguay - Corporate Governance Country Assessment

This report provides an assessment of Uruguay's corporate governance policy framework, enforcement and compliance practices. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides inves...

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Bibliographic Details
Main Author: World Bank
Format: Corporate Governance Assessment (ROSC)
Language:English
en_US
Published: Washington, DC 2013
Subjects:
BID
TAX
Online Access:http://documents.worldbank.org/curated/en/2005/09/16277926/uruguay-corporate-governance-country-assessment
http://hdl.handle.net/10986/12492
id okr-10986-12492
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO CAPITAL
ACCOUNTING
ACTIVE MARKET
ARBITRAGE
ARBITRATION
ASSET MANAGEMENT
ASSET MANAGERS
AUDIT COMMITTEES
AUDIT STANDARDS
BALANCE SHEET
BANK CREDIT
BANK LENDING
BANKING SECTOR
BANKRUPTCIES
BANKRUPTCY
BANKRUPTCY COURT
BANKRUPTCY LAW
BID
BIDS
BOND
BOND DEFAULTS
BOND ISSUES
BOND TRADING
BONDS
BORROWER
BROKER
BROKERAGE
BROKERS
BUY-BACKS
CAPITAL FUND
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKET LAWS
CAPITAL MARKETS
CAPITAL MARKETS DEVELOPMENT
CAPITAL MARKETS REGULATOR
CAPITAL STOCK
CAPITAL STRUCTURES
CASH FLOW
CASH FLOWS
CENTRAL BANK
CENTRAL DEPOSITORY
CERTIFICATES OF DEPOSIT
CIVIL CODE
CIVIL LAW
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL CODE
COMMERCIAL PAPER
CONFLICT OF INTEREST
CONFLICTS OF INTEREST
CORPORATE BONDS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE REFORMS
CORPORATE INFORMATION
CORPORATE LAW
CORPORATE SECURITIES
CORPORATE SOCIAL RESPONSIBILITY
COST OF CAPITAL
CREDIT INFORMATION
CREDIT RISK
CREDIT SYSTEM
CREDITOR
CREDITOR RIGHTS
CREDITORS
CURRENCY
CUSTODIAN BANKS
CUSTODY
DEBT
DEBT ISSUES
DEBT SECURITIES
DEBTOR
DERIVATIVE
DISCLOSURE STANDARDS
DISPUTE RESOLUTION
DOMESTIC CREDIT
DOMESTIC INSTITUTIONAL INVESTORS
ECONOMIC DEVELOPMENT
ECONOMIC STABILITY
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
ENFORCEMENT POWERS
EQUITY MARKET
EQUITY MARKET CAPITALIZATION
EQUITY MARKETS
EQUITY SECURITIES
EXCHANGE RATE
EXCHANGE RATE INSTABILITY
EXTERNAL FINANCE
EXTERNAL FINANCING
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DISTRESS
FINANCIAL INFORMATION
FINANCIAL INSTABILITY
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL STATEMENTS
FIXED INCOME
FIXED INCOME SECURITIES
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FUTURES
FUTURES MARKET
GOVERNANCE ISSUES
GOVERNANCE PRACTICES
GOVERNANCE REGULATION
GOVERNMENT SECURITIES
HOLDING
INSIDER TRADING
INSTITUTION BUILDING
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INTERNAL CONTROL
INTERNAL CONTROLS
INTERNATIONAL BEST PRACTICE
INTERNATIONAL SECURITIES
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT ACTIVITIES
INVESTMENT FUND
INVESTMENT FUNDS
INVESTMENT OPPORTUNITIES
INVESTOR CONFIDENCE
INVESTOR PARTICIPATION
INVESTOR PROTECTION
ISSUANCE
JURISDICTION
LAW ENFORCEMENT
LEGAL FRAMEWORK
LEGAL PROVISIONS
LENDERS
LENDING DECISION
LEVEL OF RISK
LIABILITY
LIENS
LIMITED LIABILITY
LIQUIDATION
LIQUIDITY
LOAN RECOVERY
MARKET CAP
MARKET CONFIDENCE
MARKET PARTICIPANTS
MARKET REGULATOR
MARKET VALUE
MARKETS DEVELOPMENT
MICRO-ENTERPRISES
MINORITY INVESTORS
MINORITY SHAREHOLDER
MINORITY SHAREHOLDERS
MONETARY FUND
MORTGAGES
MULTINATIONAL BANKS
NOTARY
NOTARY PUBLIC
OUTSIDE INVESTOR
PENSION
PENSION FUND
PENSION FUNDS
PERSONAL GUARANTEES
PLEDGES
PORTFOLIO
PORTFOLIO DIVERSIFICATION
PORTFOLIOS
POTENTIAL INVESTORS
PRICE RISK
PRIVATE PENSION
PROPERTY RIGHTS
PROPORTIONAL REPRESENTATION
PUBLIC OFFERINGS
PUBLIC POLICY
REGULATORY AGENCIES
REGULATORY AUTHORITIES
REGULATORY FRAMEWORK
REGULATORY STANDARDS
RESERVES
RETAIL INVESTORS
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
RISK ASSESSMENTS
RULE OF LAW
SAVINGS ACCOUNTS
SECURITIES
SECURITIES ISSUERS
SECURITIES LAW
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGISTRATION
SECURITIES REGULATOR
SELF-REGULATION
SETTLEMENT
SETTLEMENT SERVICES
SHAREHOLDER
SHAREHOLDERS
SIMULTANEOUS ISSUE
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCKS
TAX
TAX EXEMPTION
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TREASURY
TRUST FUND
TRUST FUNDS
TURNOVER
UNSECURED LOAN
WEAK CORPORATE GOVERNANCE
WITHDRAWAL
spellingShingle ACCESS TO CAPITAL
ACCOUNTING
ACTIVE MARKET
ARBITRAGE
ARBITRATION
ASSET MANAGEMENT
ASSET MANAGERS
AUDIT COMMITTEES
AUDIT STANDARDS
BALANCE SHEET
BANK CREDIT
BANK LENDING
BANKING SECTOR
BANKRUPTCIES
BANKRUPTCY
BANKRUPTCY COURT
BANKRUPTCY LAW
BID
BIDS
BOND
BOND DEFAULTS
BOND ISSUES
BOND TRADING
BONDS
BORROWER
BROKER
BROKERAGE
BROKERS
BUY-BACKS
CAPITAL FUND
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKET LAWS
CAPITAL MARKETS
CAPITAL MARKETS DEVELOPMENT
CAPITAL MARKETS REGULATOR
CAPITAL STOCK
CAPITAL STRUCTURES
CASH FLOW
CASH FLOWS
CENTRAL BANK
CENTRAL DEPOSITORY
CERTIFICATES OF DEPOSIT
CIVIL CODE
CIVIL LAW
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL CODE
COMMERCIAL PAPER
CONFLICT OF INTEREST
CONFLICTS OF INTEREST
CORPORATE BONDS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE REFORMS
CORPORATE INFORMATION
CORPORATE LAW
CORPORATE SECURITIES
CORPORATE SOCIAL RESPONSIBILITY
COST OF CAPITAL
CREDIT INFORMATION
CREDIT RISK
CREDIT SYSTEM
CREDITOR
CREDITOR RIGHTS
CREDITORS
CURRENCY
CUSTODIAN BANKS
CUSTODY
DEBT
DEBT ISSUES
DEBT SECURITIES
DEBTOR
DERIVATIVE
DISCLOSURE STANDARDS
DISPUTE RESOLUTION
DOMESTIC CREDIT
DOMESTIC INSTITUTIONAL INVESTORS
ECONOMIC DEVELOPMENT
ECONOMIC STABILITY
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
ENFORCEMENT POWERS
EQUITY MARKET
EQUITY MARKET CAPITALIZATION
EQUITY MARKETS
EQUITY SECURITIES
EXCHANGE RATE
EXCHANGE RATE INSTABILITY
EXTERNAL FINANCE
EXTERNAL FINANCING
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DISTRESS
FINANCIAL INFORMATION
FINANCIAL INSTABILITY
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIARIES
FINANCIAL MARKET
FINANCIAL MARKET PARTICIPANTS
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL STATEMENTS
FIXED INCOME
FIXED INCOME SECURITIES
FOREIGN INVESTMENT
FOREIGN INVESTMENTS
FUTURES
FUTURES MARKET
GOVERNANCE ISSUES
GOVERNANCE PRACTICES
GOVERNANCE REGULATION
GOVERNMENT SECURITIES
HOLDING
INSIDER TRADING
INSTITUTION BUILDING
INSTITUTIONAL INVESTORS
INSURANCE
INSURANCE COMPANIES
INTERNAL CONTROL
INTERNAL CONTROLS
INTERNATIONAL BEST PRACTICE
INTERNATIONAL SECURITIES
INTERNATIONAL STANDARDS
INVESTING
INVESTMENT ACTIVITIES
INVESTMENT FUND
INVESTMENT FUNDS
INVESTMENT OPPORTUNITIES
INVESTOR CONFIDENCE
INVESTOR PARTICIPATION
INVESTOR PROTECTION
ISSUANCE
JURISDICTION
LAW ENFORCEMENT
LEGAL FRAMEWORK
LEGAL PROVISIONS
LENDERS
LENDING DECISION
LEVEL OF RISK
LIABILITY
LIENS
LIMITED LIABILITY
LIQUIDATION
LIQUIDITY
LOAN RECOVERY
MARKET CAP
MARKET CONFIDENCE
MARKET PARTICIPANTS
MARKET REGULATOR
MARKET VALUE
MARKETS DEVELOPMENT
MICRO-ENTERPRISES
MINORITY INVESTORS
MINORITY SHAREHOLDER
MINORITY SHAREHOLDERS
MONETARY FUND
MORTGAGES
MULTINATIONAL BANKS
NOTARY
NOTARY PUBLIC
OUTSIDE INVESTOR
PENSION
PENSION FUND
PENSION FUNDS
PERSONAL GUARANTEES
PLEDGES
PORTFOLIO
PORTFOLIO DIVERSIFICATION
PORTFOLIOS
POTENTIAL INVESTORS
PRICE RISK
PRIVATE PENSION
PROPERTY RIGHTS
PROPORTIONAL REPRESENTATION
PUBLIC OFFERINGS
PUBLIC POLICY
REGULATORY AGENCIES
REGULATORY AUTHORITIES
REGULATORY FRAMEWORK
REGULATORY STANDARDS
RESERVES
RETAIL INVESTORS
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
RISK ASSESSMENTS
RULE OF LAW
SAVINGS ACCOUNTS
SECURITIES
SECURITIES ISSUERS
SECURITIES LAW
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGISTRATION
SECURITIES REGULATOR
SELF-REGULATION
SETTLEMENT
SETTLEMENT SERVICES
SHAREHOLDER
SHAREHOLDERS
SIMULTANEOUS ISSUE
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCKS
TAX
TAX EXEMPTION
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TREASURY
TRUST FUND
TRUST FUNDS
TURNOVER
UNSECURED LOAN
WEAK CORPORATE GOVERNANCE
WITHDRAWAL
World Bank
Uruguay - Corporate Governance Country Assessment
geographic_facet Latin America & Caribbean
description This report provides an assessment of Uruguay's corporate governance policy framework, enforcement and compliance practices. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Uruguay. The report identifies several key next steps that focus on implementation including: Improving corporate information, particularly ownership disclosure, related party transactions procedures, and financial reporting; promoting effective and active boards of directors; strengthening institutions, including the securities regulator, and the companies registry; and modernizing securities markets by strengthening intermediation and related regulations.
format Economic & Sector Work :: Corporate Governance Assessment (ROSC)
author World Bank
author_facet World Bank
author_sort World Bank
title Uruguay - Corporate Governance Country Assessment
title_short Uruguay - Corporate Governance Country Assessment
title_full Uruguay - Corporate Governance Country Assessment
title_fullStr Uruguay - Corporate Governance Country Assessment
title_full_unstemmed Uruguay - Corporate Governance Country Assessment
title_sort uruguay - corporate governance country assessment
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2005/09/16277926/uruguay-corporate-governance-country-assessment
http://hdl.handle.net/10986/12492
_version_ 1764419999865241600
spelling okr-10986-124922021-04-23T14:03:01Z Uruguay - Corporate Governance Country Assessment World Bank ACCESS TO CAPITAL ACCOUNTING ACTIVE MARKET ARBITRAGE ARBITRATION ASSET MANAGEMENT ASSET MANAGERS AUDIT COMMITTEES AUDIT STANDARDS BALANCE SHEET BANK CREDIT BANK LENDING BANKING SECTOR BANKRUPTCIES BANKRUPTCY BANKRUPTCY COURT BANKRUPTCY LAW BID BIDS BOND BOND DEFAULTS BOND ISSUES BOND TRADING BONDS BORROWER BROKER BROKERAGE BROKERS BUY-BACKS CAPITAL FUND CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKET LAWS CAPITAL MARKETS CAPITAL MARKETS DEVELOPMENT CAPITAL MARKETS REGULATOR CAPITAL STOCK CAPITAL STRUCTURES CASH FLOW CASH FLOWS CENTRAL BANK CENTRAL DEPOSITORY CERTIFICATES OF DEPOSIT CIVIL CODE CIVIL LAW COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL CODE COMMERCIAL PAPER CONFLICT OF INTEREST CONFLICTS OF INTEREST CORPORATE BONDS CORPORATE GOVERNANCE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE FRAMEWORKS CORPORATE GOVERNANCE REFORMS CORPORATE INFORMATION CORPORATE LAW CORPORATE SECURITIES CORPORATE SOCIAL RESPONSIBILITY COST OF CAPITAL CREDIT INFORMATION CREDIT RISK CREDIT SYSTEM CREDITOR CREDITOR RIGHTS CREDITORS CURRENCY CUSTODIAN BANKS CUSTODY DEBT DEBT ISSUES DEBT SECURITIES DEBTOR DERIVATIVE DISCLOSURE STANDARDS DISPUTE RESOLUTION DOMESTIC CREDIT DOMESTIC INSTITUTIONAL INVESTORS ECONOMIC DEVELOPMENT ECONOMIC STABILITY EFFICIENT MARKETS EMERGING MARKET EMERGING MARKET COUNTRIES ENFORCEMENT POWERS EQUITY MARKET EQUITY MARKET CAPITALIZATION EQUITY MARKETS EQUITY SECURITIES EXCHANGE RATE EXCHANGE RATE INSTABILITY EXTERNAL FINANCE EXTERNAL FINANCING FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISTRESS FINANCIAL INFORMATION FINANCIAL INSTABILITY FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKET FINANCIAL MARKET PARTICIPANTS FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL STATEMENTS FIXED INCOME FIXED INCOME SECURITIES FOREIGN INVESTMENT FOREIGN INVESTMENTS FUTURES FUTURES MARKET GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNANCE REGULATION GOVERNMENT SECURITIES HOLDING INSIDER TRADING INSTITUTION BUILDING INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL BEST PRACTICE INTERNATIONAL SECURITIES INTERNATIONAL STANDARDS INVESTING INVESTMENT ACTIVITIES INVESTMENT FUND INVESTMENT FUNDS INVESTMENT OPPORTUNITIES INVESTOR CONFIDENCE INVESTOR PARTICIPATION INVESTOR PROTECTION ISSUANCE JURISDICTION LAW ENFORCEMENT LEGAL FRAMEWORK LEGAL PROVISIONS LENDERS LENDING DECISION LEVEL OF RISK LIABILITY LIENS LIMITED LIABILITY LIQUIDATION LIQUIDITY LOAN RECOVERY MARKET CAP MARKET CONFIDENCE MARKET PARTICIPANTS MARKET REGULATOR MARKET VALUE MARKETS DEVELOPMENT MICRO-ENTERPRISES MINORITY INVESTORS MINORITY SHAREHOLDER MINORITY SHAREHOLDERS MONETARY FUND MORTGAGES MULTINATIONAL BANKS NOTARY NOTARY PUBLIC OUTSIDE INVESTOR PENSION PENSION FUND PENSION FUNDS PERSONAL GUARANTEES PLEDGES PORTFOLIO PORTFOLIO DIVERSIFICATION PORTFOLIOS POTENTIAL INVESTORS PRICE RISK PRIVATE PENSION PROPERTY RIGHTS PROPORTIONAL REPRESENTATION PUBLIC OFFERINGS PUBLIC POLICY REGULATORY AGENCIES REGULATORY AUTHORITIES REGULATORY FRAMEWORK REGULATORY STANDARDS RESERVES RETAIL INVESTORS RETIREMENT SAVINGS RIGHTS OF SHAREHOLDERS RISK ASSESSMENTS RULE OF LAW SAVINGS ACCOUNTS SECURITIES SECURITIES ISSUERS SECURITIES LAW SECURITIES MARKET SECURITIES MARKETS SECURITIES REGISTRATION SECURITIES REGULATOR SELF-REGULATION SETTLEMENT SETTLEMENT SERVICES SHAREHOLDER SHAREHOLDERS SIMULTANEOUS ISSUE STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCKS TAX TAX EXEMPTION TRANSACTION TRANSACTION COSTS TRANSPARENCY TREASURY TRUST FUND TRUST FUNDS TURNOVER UNSECURED LOAN WEAK CORPORATE GOVERNANCE WITHDRAWAL This report provides an assessment of Uruguay's corporate governance policy framework, enforcement and compliance practices. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Uruguay. The report identifies several key next steps that focus on implementation including: Improving corporate information, particularly ownership disclosure, related party transactions procedures, and financial reporting; promoting effective and active boards of directors; strengthening institutions, including the securities regulator, and the companies registry; and modernizing securities markets by strengthening intermediation and related regulations. 2013-02-25T19:52:38Z 2013-02-25T19:52:38Z 2005-09 http://documents.worldbank.org/curated/en/2005/09/16277926/uruguay-corporate-governance-country-assessment http://hdl.handle.net/10986/12492 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Economic & Sector Work Latin America & Caribbean