World Bank2013-07-232013-07-232003-10https://hdl.handle.net/10986/14497This report provides an assessment of the corporate governance policy framework, and enforcement and compliance practices in the Slovak Republic. Slovakia has already upgraded its legislation to meet European Union (EU) Directives. The legislative and regulatory framework dealing with corporate governance issues has improved. The major issues identified by this review include: 1) the general weakness of the supervisory board, which causes some non-compliance with several of the Organization for Economic Cooperation and Development - OECD - Principles; 2) lack of protection for shareholders of "Free Market" companies, and, 3) inadequate authority and institutional capacity at the Financial Market Authority (FMA). Strengths and weaknesses are highlighted and policy recommendations made where appropriate. The report proposes that an Institute of Directors be created to train supervisory board members, disseminate best practice, and promote dialogue between the public and private sectors. Together, the recommendations give issuers the choice to implement best practice, and for investors a benchmark against which to measure corporate governance in Slovakia.en-USCC BY 3.0 IGOACCESS TO INFORMATIONACCOUNTABILITYASSET STRIPPINGAUTHORITYAUTHORIZATIONBANKRUPTCYBANKRUPTCY LAWBANKRUPTCY PROCEEDINGSBOARD MEMBERSBOARD OF DIRECTORSBOOK VALUECAPITAL MARKETCAPITAL MARKETSCENTRAL BANKCHARTERCLASSES OF SHARESCOMPANYCOMPANY LAWCONFLICTS OF INTERESTCONSENSUSCORPORATE CONTROLCORPORATE GOVERNANCECORPORATE GOVERNANCE SYSTEMCORPORATIONCORPORATIONSDEGREE OF CONTROLDISCLOSUREDISCLOSURE REQUIREMENTSDISCRIMINATIONDIVIDENDSDUE DILIGENCEECONOMIC PERFORMANCEEMPLOYMENTENVIRONMENTAL DAMAGEFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIARIESFINANCIAL MARKETFINANCIAL SERVICESFINANCIAL SITUATIONFINANCIAL STATEMENTSFIRMSFOREIGN CAPITALFOREIGN COMPANIESFOREIGN SHAREHOLDERSGOVERNMENT SALARY SCALESINSIDER INFORMATIONINSIDER TRADINGINSOLVENCYINSOLVENCY LAWINSTITUTIONAL CAPACITYINSTITUTIONAL FRAMEWORKINSTITUTIONAL INVESTORINSTITUTIONAL INVESTORSINSURANCE COMPANIESINTERNATIONAL INVESTORSINTERNATIONAL STANDARDSINVESTMENT CLIMATEINVESTMENT FUNDJOINT STOCKJOINT STOCK COMPANIESJOINT STOCK COMPANYLEGAL FRAMEWORKLEGISLATIONLEGISLATIVE FRAMEWORKLIMITED LIABILITYLIMITED LIABILITY COMPANYLIQUIDATIONLISTED COMPANIESLOCAL EXPERTSMANAGEMENT BOARDMARKET CAPITALIZATIONMERGERSMINISTRY OF FINANCEMINORITY SHAREHOLDERMUTUAL FUNDSNOMINAL VALUEOFFERINGSOTCOWNERSHIP INTERESTOWNERSHIP RIGHTSOWNERSHIP STRUCTUREPENSION FUNDSPRIVATE COMPANYPRIVATE PENSIONPRIVATE SECTORPRIVATE SECTOR DEVELOPMENTPRIVATE SECTORSPRIVATIZATIONPRIVATIZATION INVESTMENT FUNDSPRIVATIZATION PROGRAMPROFIT SHARINGPUBLIC INFORMATIONREGULATORY AGENCIESREGULATORY FRAMEWORKREPRESENTATIVESRESTRICTIONS ON SHARE TRANSFERSSHARE CAPITALSHARE OFFERINGSSHARE OWNERSHIPSHARE PRICESHARE TRANSFERSSHAREHOLDER MEETINGSHAREHOLDER MEETINGSSHAREHOLDERSSHAREHOLDINGSTAKEHOLDERSSTATE AUTHORITYSTATE BUDGETSTATEMENTSTATEMENTSSTOCK EXCHANGESTRATEGIC INVESTORSUBSCRIPTIONTRANSPARENCYVOTINGVOTING SHARESWorld Bank10.1596/14497