World Bank2013-07-232013-07-232002-12https://hdl.handle.net/10986/14509This report provides an assessment of the corporate governance policy framework and enforcement and compliance practices in Latvia. Latvia has already invested considerable resources in upgrading its legislation to meet EU Directives, and the legislative and regulatory framework dealing with corporate governance issues is quite robust. Strengths and weaknesses are highlighted and policy recommendations made where appropriate. This report promotes private sector initiatives and capacity building to follow up on the legislative progress on corporate governance reform. It recommends the development of a Latvian or regional voluntary code of best practice of corporate governance.en-USCC BY 3.0 IGOACCESS TO INFORMATIONADMINISTRATIVE PROCEDUREADVISORY SERVICESAUTHORIZATIONBALANCE SHEETBANKRUPTCYBOARD MEMBERSBOARD OF DIRECTORSBOOK VALUEBUSINESS COMMUNITYCAPITAL MARKETCAPITAL MARKETSCASH FLOWCENTRAL BANKCHARTERCLASSES OF SHARESCOMMERCIAL BANKSCOMMON SHARESCOMPANYCOMPANY EXECUTIVESCOMPANY LAWCOMPANY MANAGEMENTCOMPANY SHARECONFLICTS OF INTERESTCONTROLLING INTERESTCORPORATE CONTROLCORPORATE GOVERNANCECORPORATE GOVERNANCE SYSTEMCORPORATE STRATEGYCORPORATIONCORPORATIONSCOURT PROCEDURESDEGREE OF CONTROLDISCLOSUREDISCLOSURE OF INFORMATIONDISCLOSURE REQUIREMENTDISCLOSURE REQUIREMENTSDISCLOSURE RULESDIVIDENDSDRAFT LAWEQUITY CAPITALEXCHANGE TRANSACTIONSFAIR COMPENSATIONFAIR PRICEFINANCIAL INDICATORSFINANCIAL INSTITUTIONSFINANCIAL MARKETFINANCIAL STATEMENTSFIRM COMMITMENTFIRMSFIXED INCOMEFOREIGN INVESTORSFOREIGN SHAREHOLDERSGLOBAL ECONOMYGOVERNMENT OFFICIALSGROUP OF SHAREHOLDERSINSIDER DEALINGINSIDER TRADINGINSTITUTIONAL FRAMEWORKINSTITUTIONAL INVESTMENTINSTITUTIONAL INVESTORSINSURANCE COMPANIESINTERNATIONAL STANDARDSINVESTMENT COMPANIESINVESTMENT FUNDSINVESTMENT SERVICESISSUE OF SECURITIESJOINT STOCKJOINT STOCK COMPANIESJOINT STOCK COMPANYJUDICIAL REVIEWJUDICIARYLEGAL ACTIONLEGAL FRAMEWORKLEGAL SUCCESSORLEGISLATIONLEGISLATIVE REFORMLIMITED LIABILITYLIMITED LIABILITY COMPANYLISTED COMPANIESMANAGEMENT BOARDMARKET CONDITIONSMARKET PRICEMERGERSMINISTERSMINORITY SHAREHOLDERMINORITY SHAREHOLDERSMINORITY SHAREHOLDINGSMONEY MARKET INSTRUMENTSOTCOWNERSHIP INTERESTPENSION FUNDPENSION FUNDSPRIVATE FIRMPRIVATE PENSIONPRIVATE SECTORPRIVATE SECTORSPRIVATIZATIONPRIVATIZATION AGENCYPUBLIC DISCLOSUREPUBLIC ISSUEREGULATORY FRAMEWORKREPRESENTATIVESRISK MANAGEMENTSALE OF ASSETSSHARE CAPITALSHARE SUBSCRIPTIONSSHARE TRANSFERSSHAREHOLDER MEETINGSSHAREHOLDERSSHAREHOLDINGSTAKEHOLDERSSTATEMENTSTATEMENTSSTOCK EXCHANGESTRATEGIC INVESTORSSUBSCRIPTIONTOTAL MARKET CAPITALIZATIONTRANSPARENCYVOTINGVOTING SHARESWorld Bank10.1596/14509