World Bank2013-07-252013-07-252004-03-01https://hdl.handle.net/10986/14549This report provides an updated assessment of Egypt'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 Egypt. In recent years there have been a number of major reforms, mostly incorporated in new stock exchange listing rules. However, experience in other countries suggests that implementation and enforcement of the rules remain central. The report identifies several key next steps that focus on implementation, including (i) building a Center for Directors that can help develop a Code of Corporate Governance on the role, duties, and functions of the board, and create a director training capability; (ii) focused enforcement of the new listing rules and disclosure provisions, with continued emphasis on a review of content, and (iii) implementation of legislative reform to bring the policy framework into greater compliance with the OECD Principles. Together, these measures will help to implement the recent reforms and provide new opportunities for issuers to implement best practices.en-USCC BY 3.0 IGOACCOUNTABILITYAUDIT COMMITTEESAUTHORITYAUTHORIZATIONAUTHORIZED CAPITALBALANCE SHEETBALANCE SHEETSBANKRUPTCYBOARD MEMBERSBOARD OF DIRECTORSCAPITAL INCREASECAPITAL INCREASESCAPITAL MARKETCAPITAL MARKET AUTHORITYCAPITAL MARKET LAWCAPITAL MARKETSCASH FLOWCENTRAL BANKCLASSES OF SHARESCOMMON SHARESCOMPANYCOMPANY LAWCONFLICTS OF INTERESTCORPORATE CONTROLCORPORATE GOVERNANCECORPORATIONCORPORATIONSDECREEDECREESDEGREE OF CONTROLDISCLOSUREDISCLOSURE REQUIREMENTSDISCLOSURE RULESDISTRIBUTION OF DIVIDENDSDUE DILIGENCEENVIRONMENTAL LAWEXECUTIVE DIRECTORSEXECUTIVE REGULATIONSFINANCIAL INFORMATIONFINANCIAL SITUATIONFINANCIAL STATEMENTSFIRMSFOREIGN SHAREHOLDERSFOREIGN TRADEGROUP OF SHAREHOLDERSHOLDING COMPANIESINSIDER INFORMATIONINSIDER TRADINGINSOLVENCYINSOLVENCY REGIMEINSTITUTIONAL FRAMEWORKINSTITUTIONAL INVESTORSINTERNATIONAL FINANCEINVESTMENT CLIMATEINVESTMENT FUNDSJOINT STOCKJOINT STOCK COMPANIESLEGAL FRAMEWORKLEGAL PERSONSLEGAL PROBLEMSLEGISLATIVE REFORMLICENSINGLIQUIDATIONLISTED COMPANIESMARKET PRICESMERGERSMIDDLE EASTMINORITY BLOCKMINORITY SHAREHOLDERMINORITY SHAREHOLDERSMUTUAL FUNDSNATIONAL CONSENSUSOWNERSHIP STRUCTUREPORTFOLIOPORTFOLIO MANAGERSPRIVATE SECTORPUBLIC ENTERPRISEPUBLIC INTERESTPUBLIC POLICYPUBLIC SECTORREGULATORY BODYREGULATORY FRAMEWORKREPURCHASESRESTRICTIONS ON SHARE TRANSFERSSALE OF ASSETSSHARE CAPITALSHARE OWNERSHIPSHARE PRICESHAREHOLDER MEETINGSHAREHOLDER MEETINGSSHAREHOLDERSSTAKEHOLDERSSTATE OWNERSHIPSTATEMENTSTATEMENTSSTOCK EXCHANGETAX EXEMPTIONTENDERSTOTAL MARKET CAPITALIZATIONTRADERSTRANSPARENCYVETOVOTINGWorld Bank10.1596/14549