Corporate Governance Country Assessment : Kenya

Good corporate governance ensures that companies use their resources more efficiently, protects minority shareholders, leads to better decision making, and improves relations with workers, creditors, and other stakeholders. It is an important prere...

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Bibliographic Details
Main Author:	World Bank
Format:	Corporate Governance Assessment (ROSC)
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS TO INFORMATION ACCOUNTING ALTERNATIVE INVESTMENT AUDIT COMMITTEE AUDITS BANKING SECTOR BENEFICIARIES BID BOARD MEMBER BONDS BONUS SHARES BROKER BROKERAGE BROKERAGE FIRMS BROKERS BULL MARKET CAPITAL MARKET CAPITAL MARKET REGULATIONS CAPITAL MARKETS CAPITAL STRUCTURE CAPITAL STRUCTURES CDS CENTRAL BANK CENTRAL DEPOSITORIES CENTRAL DEPOSITORY CENTRAL DEPOSITORY SYSTEM CENTRAL SECURITIES DEPOSITORY CEO CERTIFIED PUBLIC ACCOUNTANTS CHIEF EXECUTIVE CODE OF CONDUCT COMMERCIAL BANK COMMON LAW COMPANIES ACT COMPANY INFORMATION COMPANY LAW CONFLICTS OF INTEREST CONFLICTS OF INTERESTS CONTRACT ENFORCEMENT CORPORATE BONDS CORPORATE GOVERNANCE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE PRINCIPLES CORPORATE INFORMATION CORPORATE INSIDERS CORPORATE SOCIAL RESPONSIBILITY CORPORATION CREDIT RATING CREDIT RATING AGENCY CREDITOR CREDITOR RIGHTS CREDITORS CUSTODY DEBT DEPOSITORY INSTITUTIONS DISCLOSURE STANDARDS DISPUTE RESOLUTIONS DIVIDEND DIVIDEND PAYMENTS DOMESTIC INSTITUTIONAL INVESTORS DUE DILIGENCE ECONOMIC PERFORMANCE EFFICIENT MARKETS EMERGING MARKET EMERGING MARKET ECONOMIES EMERGING MARKETS ENFORCEMENT MECHANISMS EQUITY MARKET EQUITY MARKETS FEE INCOME FINANCIAL COMPANIES FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL STATEMENT FINANCIAL STATEMENTS FIXED INCOME FIXED INCOME SECURITIES FOREIGN COMPANIES FOREIGN COMPANY FOREIGN FUNDS FOREIGN INSTITUTIONAL INVESTORS FOREIGN INVESTORS FRAUD FUND MANAGEMENT FUND MANAGERS GOOD CORPORATE GOVERNANCE GOVERNANCE GUIDELINES GOVERNANCE PRACTICES GOVERNANCE REGULATION GOVERNANCE REGULATIONS GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT HARMONIZATION HOLDING HOLDINGS HOSTILE TAKEOVER INCOME SECURITIES MARKET INFORMATION TECHNOLOGIES INSIDER TRADING INSTITUTIONAL INVESTOR INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INTERNAL AUDIT INTERNAL CONTROLS INTERNATIONAL BEST PRACTICE INTERNATIONAL STANDARDS INVESTMENT BANKING INVESTMENT BANKS INVESTMENT MARKET INVESTOR ACCESS INVESTOR CONFIDENCE INVESTOR PROTECTION IPO JOINT STOCK COMPANY JURISDICTION JURISDICTIONS LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL OWNERSHIP LEGAL PROTECTION LEGAL REFORM LEGAL RIGHTS LEGAL TRADITION LIABILITY LIMITED LIMITED PARTNERSHIPS MAJORITY SHAREHOLDER MARKET CAP MARKET CAPITALIZATION MARKET CAPITALIZATIONS MARKET DATA MARKET DEVELOPMENT MARKET INTERMEDIARIES MARKET MANIPULATION MARKET PARTICIPANTS MARKET PRACTICES MARKET PRICE MARKET REGULATOR MARKET SURVEILLANCE MARKET TRANSPARENCY MEMBER BROKERS MINORITY SHAREHOLDER MINORITY SHAREHOLDERS MONOPOLIES NATIONAL BANK NOMINEE ACCOUNTS OWNERSHIP RIGHTS PAYMENT OF DIVIDENDS PAYMENT OF INTERESTS PENSION PENSION FUNDS PENSIONS PREEMPTIVE RIGHTS PRIVATIZATION PRIVATIZATIONS PROPORTIONAL REPRESENTATION PUBLIC COMPANIES RAPID DEVELOPMENT RAPID GROWTH REGULATORS REGULATORY AUTHORITY REGULATORY BODIES REGULATORY BODY REGULATORY OVERSIGHT REGULATORY REQUIREMENTS REPUTATION RIGHTS OF SHAREHOLDERS RISK FACTORS RULE OF LAW SCANDALS SECURITIES SECURITIES EXCHANGE SECURITIES INDUSTRY SECURITIES ISSUE SECURITIES ISSUES SECURITIES LAW SECURITIES MARKETS SECURITIES REGULATOR SETTLEMENT SHARE OWNERSHIP SHAREHOLDER SHAREHOLDER AGREEMENT SHAREHOLDER AGREEMENTS SHAREHOLDER RIGHTS SHAREHOLDERS RIGHTS STAKEHOLDERS STANDARD CONTRACT STOCK EXCHANGE STOCK EXCHANGES STOCK OWNERSHIP STOCKS STRATEGIC INVESTOR SUPERVISORY AUTHORITY TAX TECHNICAL ASSISTANCE TRADING TRADING SYSTEM TRADING VOLUME TRANCHES TRANSACTION TRANSPARENCY TREASURY TURNOVER TURNOVER RATIO WITHDRAWAL WORLD DEVELOPMENT INDICATORS
Online Access:	http://documents.worldbank.org/curated/en/2007/12/20225996/kenya-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/20449

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Summary:	Good corporate governance ensures that companies use their resources more efficiently, protects minority shareholders, leads to better decision making, and improves relations with workers, creditors, and other stakeholders. It is an important prerequisite for attracting the patient capital needed for sustained long-term economic growth. This report provides an assessment of Kenya s corporate governance policy framework. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Kenya.

Corporate Governance Country Assessment : Kenya

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