Publication:
Pakistan : Report on the Observance of Standards and Codes (ROSC) : Corporate Governance Country Assessment

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-22T14:24:33Z
dc.date.available2012-06-22T14:24:33Z
dc.date.issued2005-06
dc.description.abstractThis report provides an assessment of Pakistan's corporate governance policy framework. In Pakistan, awareness of the importance of good corporate governance is high among policymakers and standard setters. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Pakistan. The focus of the assessment is on listed companies, although reference is also made to banks and other financial institutions. Reform to improve corporate governance has been significant, including the introduction of a code of corporate governance and increased vigilance by regulators. Highly concentrated control by significant shareholders has limited the objectivity of boards and reduced the impact of some of the recent reforms. More generally, many smaller and family-owned companies have a limited awareness of the potential benefits of improved corporate governance. Corporate governance reform needs to percolate throughout the corporate sector, including family-owned businesses. The report concludes that further steps need to be taken to protect shareholder rights, including disclosure of beneficial ownership, and that boards must become more effective, with stronger fiduciary duties, and more capable independent directors.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/06/7447775/pakistan-report-observance-standards-codes-rosc-corporate-governance-country-assessment
dc.identifier.doi10.1596/8760
dc.identifier.urihttps://hdl.handle.net/10986/8760
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.subjectACCESS TO INFORMATION
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectACQUISITION
dc.subjectASSET MANAGEMENT
dc.subjectASSET MANAGEMENT COMPANIES
dc.subjectASSOCIATED COMPANIES
dc.subjectAUDIT COMMITTEE
dc.subjectAUDIT COMMITTEES
dc.subjectAUDITING
dc.subjectAUDITORS
dc.subjectAUDITS
dc.subjectAUTHORITY
dc.subjectBANKING SYSTEM
dc.subjectBANKS
dc.subjectBOARD MEMBERS
dc.subjectBOARDS OF DIRECTORS
dc.subjectBUSINESS COMMUNITY
dc.subjectCAPITAL MARKETS
dc.subjectCAPITALIZATION
dc.subjectCEO
dc.subjectCEOS
dc.subjectCHARTERED ACCOUNTANTS
dc.subjectCHIEF EXECUTIVE
dc.subjectCLEARING HOUSES
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMON LAW
dc.subjectCOMMON LAW COUNTRY
dc.subjectCOMPANY
dc.subjectCOMPANY LAW
dc.subjectCONFLICT OF INTEREST
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONFLICTS OF INTERESTS
dc.subjectCONSENSUS
dc.subjectCONTROLLING SHAREHOLDERS
dc.subjectCORPORATE ASSETS
dc.subjectCORPORATE BOARDS
dc.subjectCORPORATE CULTURE
dc.subjectCORPORATE DECISIONS
dc.subjectCORPORATE ENTITIES
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATE GOVERNANCE PRINCIPLES
dc.subjectCORPORATE GOVERNANCE REFORM
dc.subjectCORPORATE GOVERNANCE REFORMS
dc.subjectCORPORATE GOVERNANCE STANDARDS
dc.subjectCORPORATE LAW
dc.subjectCORPORATE SECTOR
dc.subjectCORPORATE STRATEGY
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCOST OF CAPITAL
dc.subjectDEBT
dc.subjectDIRECTOR ACCOUNTABILITY
dc.subjectDIRECTOR INDEPENDENCE
dc.subjectDISCLOSURE CONTROL
dc.subjectDISCLOSURE REQUIREMENTS
dc.subjectDUE DILIGENCE
dc.subjectDUTY OF CARE
dc.subjectDUTY OF LOYALTY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectEMERGING MARKETS
dc.subjectETHICAL STANDARDS
dc.subjectEXCHANGE COMMISSION
dc.subjectEXTERNAL AUDITORS
dc.subjectFAMILY OWNED COMPANIES
dc.subjectFEDERAL GOVERNMENT
dc.subjectFIDUCIARY DUTIES
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL DISCLOSURE
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFIRMS
dc.subjectFOREIGN COMPANIES
dc.subjectFOREIGN INVESTORS
dc.subjectGOOD CORPORATE GOVERNANCE
dc.subjectGOVERNANCE ISSUES
dc.subjectHOUSING
dc.subjectINCOME
dc.subjectINDEPENDENT AUDIT
dc.subjectINDEPENDENT DIRECTOR
dc.subjectINDEPENDENT DIRECTORS
dc.subjectINDEPENDENT OVERSIGHT
dc.subjectINSIDER TRADING
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINTERESTS OF MINORITY SHAREHOLDERS
dc.subjectINTERNAL CONTROLS
dc.subjectINVESTMENT BANKS
dc.subjectINVESTOR PROTECTION
dc.subjectISLAMIC BANK
dc.subjectJOINT STOCK COMPANIES
dc.subjectJOINT VENTURE
dc.subjectJUDICIARY
dc.subjectLARGE COMPANIES
dc.subjectLARGE COMPANY
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL SYSTEM
dc.subjectLEGISLATION
dc.subjectLEGISLATIVE REFORM
dc.subjectLIMITED
dc.subjectLISTED COMPANIES
dc.subjectMANAGERS
dc.subjectMANDATES
dc.subjectMERGER
dc.subjectMINORITY SHAREHOLDER
dc.subjectMINORITY SHAREHOLDERS
dc.subjectMULTINATIONAL COMPANIES
dc.subjectNONGOVERNMENTAL ORGANIZATIONS
dc.subjectOPERATING PERMITS
dc.subjectOWNERSHIP CONCENTRATION
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPENALTIES
dc.subjectPENSIONS
dc.subjectPOLITICAL INFLUENCE
dc.subjectPRIVATE COMPANIES
dc.subjectPRIVATE LIMITED COMPANIES
dc.subjectPRIVATE PARTNERSHIP
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPROPRIETARY
dc.subjectPROXY
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC LIMITED COMPANIES
dc.subjectPUBLIC POLICY
dc.subjectRATING AGENCIES
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY ENFORCEMENT
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REQUIREMENTS
dc.subjectRETIREMENT
dc.subjectRIGHTS OF SHAREHOLDERS
dc.subjectRISK MANAGEMENT
dc.subjectRULE OF LAW
dc.subjectSAVINGS
dc.subjectSECURITIES LAW
dc.subjectSECURITIES REGULATOR
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER ACTION
dc.subjectSHAREHOLDER AGREEMENTS
dc.subjectSHAREHOLDER APPROVAL
dc.subjectSHAREHOLDER INTERESTS
dc.subjectSHAREHOLDER MEETING
dc.subjectSHAREHOLDER RESOLUTION
dc.subjectSHAREHOLDER RIGHTS
dc.subjectSOLE PROPRIETORSHIPS
dc.subjectSOUTH ASIAN
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectSTATE BANK
dc.subjectSTATE BANK OF PAKISTAN
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE OWNED ENTERPRISES
dc.subjectSTATE OWNERSHIP
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGES
dc.subjectSUBSIDIARIES
dc.subjectTAKEOVER
dc.subjectTAKEOVERS
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRUSTS
dc.subjectVOTING
dc.titlePakistan : Report on the Observance of Standards and Codes (ROSC) : Corporate Governance Country Assessmenten
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T08:36:59.203132Z
okr.doctypeEconomic & Sector Work::Corporate Governance Assessment (ROSC)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2005/06/7447775/pakistan-report-observance-standards-codes-rosc-corporate-governance-country-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid115971468059090429
okr.identifier.externaldocumentum000020953_20070309154112
okr.identifier.internaldocumentum7447775
okr.identifier.report38971
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/03/09/000020953_20070309154112/Rendered/PDF/389710PAK0rosc10governance01PUBLIC1.pdfen
okr.region.administrativeSouth Asia
okr.region.countryPakistan
okr.region.geographicalAsia
okr.region.geographicalSouth Asia
okr.topicLaw and Development::Corporate Law
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicGovernance::National Governance
okr.topicBanks and Banking Reform
okr.topicGovernance::Governance Indicators
okr.unitCorporate Governance - WB (FCMCG)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
389710PAK0rosc10governance01PUBLIC1.pdf
Size:
873.97 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
389710PAK0rosc10governance01PUBLIC1.txt
Size:
165.3 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