Publication:
Corporate Governance Country Assessment : Chile

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2013-07-23T20:39:16Z
dc.date.available2013-07-23T20:39:16Z
dc.date.issued2003-05
dc.description.abstractChile's equity market is fairly large and successful. The market capitalization of the 249 listed firms represented 89 percent of GDP at year-end, 2001. Corporate ownership is concentrated and pyramid structures are common. Business groups/conglomerates are the predominant corporate form. Institutional investors, especially pension funds, are active equity investors. The Securities Market Law and the Corporation Law form the legal framework governing the capital markets. The securities market is regulated by the Superintendence of Securities and Insurance (SVS). Overall, Chile scores well on the assessment on compliance with the OECD Principles, scoring "Observed" or "Largely Observed" for 14 of 23 Principles; no Principle is deemed "Not Observed." The policy recommendations may be grouped under three broad categories: legislative reform, institutional strengthening and voluntary/private initiatives. The report recommends further amending Corporation Law and Securities Market Law to increase transparency for investors; having more transparency in and accountability of the SVS; increasing resources for the SVS to strengthen its ability to conduct market surveillance; and preparing a road map to improve the general enforcement of investor property rights. Finally, the report proposes creating an Institute of Directors to provide training for supervisory board members, disseminate best practice, and promote dialogue between the public and private sectors.en
dc.identifierhttp://documents.worldbank.org/curated/en/2003/05/6561844/chile-report-observance-standards-codes-rosc-corporate-governance-country-assessment
dc.identifier.doi10.1596/14493
dc.identifier.urihttps://hdl.handle.net/10986/14493
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectADMINISTRATIVE FUNCTIONS
dc.subjectADMINISTRATIVE SANCTIONS
dc.subjectADVISORY SERVICES
dc.subjectAPPLICABLE LAWS
dc.subjectASSET VALUE
dc.subjectASSETS
dc.subjectAUTHORIZATION
dc.subjectBALANCE SHEET
dc.subjectBOARD MEMBERS
dc.subjectBOOK VALUE
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL STRUCTURE
dc.subjectCASH FLOW
dc.subjectCENTRAL BANK
dc.subjectCLASSES OF SHARES
dc.subjectCOMPANIES
dc.subjectCOMPANY
dc.subjectCOMPANY EXECUTIVES
dc.subjectCOMPANY PERFORMANCE
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONGLOMERATES
dc.subjectCONNECTED PARTIES
dc.subjectCONSENSUS
dc.subjectCONSTITUTION
dc.subjectCONTROL
dc.subjectCORPORATE CONTROL
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE OWNERSHIP
dc.subjectCORPORATE PERFORMANCE
dc.subjectCORPORATE STRATEGY
dc.subjectCORPORATE STRUCTURE
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCOURT SYSTEM
dc.subjectDECREE
dc.subjectDECREES
dc.subjectDEGREE OF CONTROL
dc.subjectDISCLOSURE
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDIVIDENDS
dc.subjectDUE DILIGENCE
dc.subjectENTREPRENEURS
dc.subjectENVIRONMENTAL LAW
dc.subjectEXPENDITURES
dc.subjectEXPROPRIATION
dc.subjectEXTERNAL AUDITORS
dc.subjectFINANCIAL CONTROL
dc.subjectFINANCIAL HEALTH
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SITUATION
dc.subjectFINANCIAL STATEMENTS
dc.subjectFIRM SIZE
dc.subjectFIRMS
dc.subjectFIXED CAPITAL
dc.subjectFOREIGN INVESTMENTS
dc.subjectFOREIGN MARKET
dc.subjectFOREIGN SHAREHOLDERS
dc.subjectHOLDING COMPANIES
dc.subjectHOLDING COMPANY
dc.subjectINSIDER ABUSE
dc.subjectINSIDER DEALING
dc.subjectINSIDER TRADING
dc.subjectINSOLVENCY
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE COMPANIES
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTOR RELATIONS
dc.subjectJUDICIARY
dc.subjectLABOR LEGISLATION
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL SYSTEM
dc.subjectLEGISLATION
dc.subjectLEGISLATIVE CHANGES
dc.subjectLEGISLATIVE REFORM
dc.subjectLISTED
dc.subjectLISTED COMPANIES
dc.subjectMANAGEMENT COMPANIES
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET CONDITIONS
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMARKET VALUE
dc.subjectMERGERS
dc.subjectMINISTRY OF FINANCE
dc.subjectMINORITY SHAREHOLDER
dc.subjectMINORITY SHAREHOLDERS
dc.subjectNET ASSET VALUE
dc.subjectNET EARNINGS
dc.subjectOUTSIDE SHAREHOLDERS
dc.subjectOWNERSHIP CONCENTRATION
dc.subjectPENSION FUND
dc.subjectPENSION FUNDS
dc.subjectPENSION SYSTEM
dc.subjectPORTFOLIO
dc.subjectPREEMPTIVE RIGHTS
dc.subjectPRIVATE COMPANIES
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTORS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC OFFER
dc.subjectPYRAMID STRUCTURES
dc.subjectRATE OF RETURN
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPURCHASES
dc.subjectRISK MANAGEMENT
dc.subjectSALE PRICE
dc.subjectSHARE OWNERSHIP
dc.subjectSHAREHOLDER MEETINGS
dc.subjectSHAREHOLDERS
dc.subjectSTAKEHOLDERS
dc.subjectSTATEMENTS
dc.subjectSTOCK EXCHANGE
dc.subjectSTRIKE PRICE
dc.subjectTRANSACTIONS
dc.subjectTRANSPARENCY
dc.subjectVOTING
dc.subjectVOTING SHARES
dc.titleCorporate Governance Country Assessment : Chileen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2006-01-27
okr.date.doiregistration2025-05-07T11:53:05.770757Z
okr.doctypeEconomic & Sector Work::Corporate Governance Assessment (ROSC)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2003/05/6561844/chile-report-observance-standards-codes-rosc-corporate-governance-country-assessment
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid769111468022464847
okr.identifier.externaldocumentum000160016_20060127143020
okr.identifier.internaldocumentum6561844
okr.identifier.report35018
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/01/27/000160016_20060127143020/Rendered/PDF/350180CL0Corporate0governance0rosc1chlcg.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryChile
okr.sectorFinance
okr.sectorIndustry and trade
okr.topicPrivate Sector Development::Privatization
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicGovernance::National Governance
okr.topicSmall Scale Enterprise
okr.topicIndustry
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
350180CL0Corporate0governance0rosc1chlcg.pdf
Size:
827.69 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
350180CL0Corporate0governance0rosc1chlcg.txt
Size:
85.76 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Corporate Governance Assessment