Oecd Organisation for Economic Co-operation and Development

Corporate Governance Corporate Governance in Israel 2011 Oecd Organisation for Economic Co-operation and Development

The Review of Corporate Governance in Israel was prepared as part of the process of Israels accession to OECD Membership. The report describes the corporate governance setting including the structure and ownership concentration of listed companies and the structure and operation of the state-owned sector. The Review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented.

Table of Content :

Chapter 1. Assessment and Recommendations
-1. Corporate governance framework
-2. Assessment
-3. Recommendations
Chapter 2. Corporate Governance Review
-1. Israels corporate framework
-2. Ensuring a consistent regulatory framework
-3. Disclosure of corporate information
-4. Separation of ownership and regulation
-5. Ensuring a level playing field .
-6. Stakeholder rights and boards of directors.
-7. Conclusions
Annex A. Analytical Framework for the Accession Review.
Annex B. Mapping of the Holdings of Large Israeli Groups
Annex C. Examples of Structure of Large Israeli Groups
Annex D. Structure of the Israeli Banking Sector