Monday, July 11, 2005

ICGN Statement on Global Corporate Governance Principles (Revised July 2005)


The ICGN objectives
The International Corporate Governance Network (ICGN), founded in 1995 at the instigation of major institutional investors, represents investors, companies, financial intermediaries, academics and other parties interested in the development of global corporate governance practices. One of its objectives is to facilitate international dialogue on issues of concern to investors. Through this process, the ICGN believes, companies can compete more effectively and economies can best prosper. The ICGN also believes that it is in the public interest to encourage and enable the owners of corporations to participate in their governance.

The ICGN’s charter empowers it to adopt guidelines when it feels they can contribute to achieving this objective.

See full Summary and Principles, in pdf format.