Uruguay - Corporate Governance Country Assessment

This report provides an assessment of Uruguay'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 Uruguay. The report identifies several key next steps that focus on implementation including: Improving corporate information, particularly ownership disclosure, related party transactions procedures, and financial reporting; promoting effective and active boards of directors; strengthening institutions, including the securities regulator, and the companies registry; and modernizing securities markets by strengthening intermediation and related regulations.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2005-09
Subjects:ACCESS TO CAPITAL, ACCOUNTING, ACTIVE MARKET, ARBITRAGE, ARBITRATION, ASSET MANAGEMENT, ASSET MANAGERS, AUDIT COMMITTEES, AUDIT STANDARDS, BALANCE SHEET, BANK CREDIT, BANK LENDING, BANKING SECTOR, BANKRUPTCIES, BANKRUPTCY, BANKRUPTCY COURT, BANKRUPTCY LAW, BID, BIDS, BOND, BOND DEFAULTS, BOND ISSUES, BOND TRADING, BONDS, BORROWER, BROKER, BROKERAGE, BROKERS, BUY-BACKS, CAPITAL FUND, CAPITAL MARKET, CAPITAL MARKET DEVELOPMENT, CAPITAL MARKET LAWS, CAPITAL MARKETS, CAPITAL MARKETS DEVELOPMENT, CAPITAL MARKETS REGULATOR, CAPITAL STOCK, CAPITAL STRUCTURES, CASH FLOW, CASH FLOWS, CENTRAL BANK, CENTRAL DEPOSITORY, CERTIFICATES OF DEPOSIT, CIVIL CODE, CIVIL LAW, COLLATERAL, COLLATERAL REQUIREMENTS, COMMERCIAL CODE, COMMERCIAL PAPER, CONFLICT OF INTEREST, CONFLICTS OF INTEREST, CORPORATE BONDS, CORPORATE GOVERNANCE, CORPORATE GOVERNANCE FRAMEWORK, CORPORATE GOVERNANCE FRAMEWORKS, CORPORATE GOVERNANCE REFORMS, CORPORATE INFORMATION, CORPORATE LAW, CORPORATE SECURITIES, CORPORATE SOCIAL RESPONSIBILITY, COST OF CAPITAL, CREDIT INFORMATION, CREDIT RISK, CREDIT SYSTEM, CREDITOR, CREDITOR RIGHTS, CREDITORS, CURRENCY, CUSTODIAN BANKS, CUSTODY, DEBT, DEBT ISSUES, DEBT SECURITIES, DEBTOR, DERIVATIVE, DISCLOSURE STANDARDS, DISPUTE RESOLUTION, DOMESTIC CREDIT, DOMESTIC INSTITUTIONAL INVESTORS, ECONOMIC DEVELOPMENT, ECONOMIC STABILITY, EFFICIENT MARKETS, EMERGING MARKET, EMERGING MARKET COUNTRIES, ENFORCEMENT POWERS, EQUITY MARKET, EQUITY MARKET CAPITALIZATION, EQUITY MARKETS, EQUITY SECURITIES, EXCHANGE RATE, EXCHANGE RATE INSTABILITY, EXTERNAL FINANCE, EXTERNAL FINANCING, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL DISTRESS, FINANCIAL INFORMATION, FINANCIAL INSTABILITY, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARIES, FINANCIAL MARKET, FINANCIAL MARKET PARTICIPANTS, FINANCIAL SECTOR, FINANCIAL SECTORS, FINANCIAL STATEMENTS, FIXED INCOME, FIXED INCOME SECURITIES, FOREIGN INVESTMENT, FOREIGN INVESTMENTS, FUTURES, FUTURES MARKET, GOVERNANCE ISSUES, GOVERNANCE PRACTICES, GOVERNANCE REGULATION, GOVERNMENT SECURITIES, HOLDING, INSIDER TRADING, INSTITUTION BUILDING, INSTITUTIONAL INVESTORS, INSURANCE, INSURANCE COMPANIES, INTERNAL CONTROL, INTERNAL CONTROLS, INTERNATIONAL BEST PRACTICE, INTERNATIONAL SECURITIES, INTERNATIONAL STANDARDS, INVESTING, INVESTMENT ACTIVITIES, INVESTMENT FUND, INVESTMENT FUNDS, INVESTMENT OPPORTUNITIES, INVESTOR CONFIDENCE, INVESTOR PARTICIPATION, INVESTOR PROTECTION, ISSUANCE, JURISDICTION, LAW ENFORCEMENT, LEGAL FRAMEWORK, LEGAL PROVISIONS, LENDERS, LENDING DECISION, LEVEL OF RISK, LIABILITY, LIENS, LIMITED LIABILITY, LIQUIDATION, LIQUIDITY, LOAN RECOVERY, MARKET CAP, MARKET CONFIDENCE, MARKET PARTICIPANTS, MARKET REGULATOR, MARKET VALUE, MARKETS DEVELOPMENT, MICRO-ENTERPRISES, MINORITY INVESTORS, MINORITY SHAREHOLDER, MINORITY SHAREHOLDERS, MONETARY FUND, MORTGAGES, MULTINATIONAL BANKS, NOTARY, NOTARY PUBLIC, OUTSIDE INVESTOR, PENSION, PENSION FUND, PENSION FUNDS, PERSONAL GUARANTEES, PLEDGES, PORTFOLIO, PORTFOLIO DIVERSIFICATION, PORTFOLIOS, POTENTIAL INVESTORS, PRICE RISK, PRIVATE PENSION, PROPERTY RIGHTS, PROPORTIONAL REPRESENTATION, PUBLIC OFFERINGS, PUBLIC POLICY, REGULATORY AGENCIES, REGULATORY AUTHORITIES, REGULATORY FRAMEWORK, REGULATORY STANDARDS, RESERVES, RETAIL INVESTORS, RETIREMENT SAVINGS, RIGHTS OF SHAREHOLDERS, RISK ASSESSMENTS, RULE OF LAW, SAVINGS ACCOUNTS, SECURITIES, SECURITIES ISSUERS, SECURITIES LAW, SECURITIES MARKET, SECURITIES MARKETS, SECURITIES REGISTRATION, SECURITIES REGULATOR, SELF-REGULATION, SETTLEMENT, SETTLEMENT SERVICES, SHAREHOLDER, SHAREHOLDERS, SIMULTANEOUS ISSUE, STOCK EXCHANGE, STOCK EXCHANGES, STOCK MARKET, STOCKS, TAX, TAX EXEMPTION, TRANSACTION, TRANSACTION COSTS, TRANSPARENCY, TREASURY, TRUST FUND, TRUST FUNDS, TURNOVER, UNSECURED LOAN, WEAK CORPORATE GOVERNANCE, WITHDRAWAL,
Online Access:http://documents.worldbank.org/curated/en/2005/09/16277926/uruguay-corporate-governance-country-assessment
https://hdl.handle.net/10986/12492
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