投资者公共关系.ppt

Georgeson ShareholderGlobal Corporate Governance Principles and Practices The World Gets Smaller Everyday Ben Kremers, Managing Director About Georgeson Shareholder We are the oldest proxy solicitation company in the world. Founded in 1934, we have been helping companies reach their shareholders through a variety of different means. Today we provide services to approximately 5,000 Corporations around the world. “Corporate Governance refers to that blend of law, regulation and appropriate voluntary private sector practices which enable the corporation to attract financial and human capital, perform efficiently, and thereby perpetuate itself by generating long-term economic value for its shareholders, while respecting the interests of stakeholders and society as a whole” The World Bank It is important to remember that “good” Corporate Governance is not always given recognition, but “bad” Corporate Governance is always the center of attention. Why is Corporate Governance Important? It enables Corporations to mobilize capital It allows Corporations to effectively allocate and employ capital It facilitates the management and monitoring of capital usage for Corporations Corporate Governance Policy The growth of international capital markets has created an interdependency that has increased the need for global standards Trust Fiduciary Responsibility Market Forces Financial Disclosure and Transparency Why is it so important? The global capital markets hold trillions of dollars in wealth Institutional investors have grown in size and importance Greater scrutiny of board level liabilities and responsibilities Directors’ Officers liability insurance The New Economy A high risk/high reward investing environment requires special financial structure and dynamics; few fixed assets; little debt; equity finance and the need of venture capital to exit: They all require a vibrant and trustworthy capital market The private, market-based investment process, underpinned by bett