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Economic & Sector Work :: Corporate Governance Assessment (ROSC)

Senegal : Report on the Observance of Standards and Codes (ROSC) : Corporate Governance Country Assessment

ACCESS TO CAPITAL ACQUISITION ACTIVE SECURITIES ADMINISTRATIVE JUDGMENT ARTICLES OF ASSOCIATION ASSET MANAGERS AUDIT COMMITTEE AUDIT COMMITTEES AUDITOR INDEPENDENCE AUDITS BALANCE SHEET BANKS BENEFICIAL OWNER BENEFICIAL OWNERS BOARD ELECTIONS BOARD MEETING BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARDS OF DIRECTORS BOURSE BREACH OF DUTY BROKERAGE BROKERAGE FIRM BROKERAGE FIRMS BUSINESS ENTITIES BUSINESS ETHICS BUSINESS LAWS BUSINESS OPPORTUNITIES CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CAPITAL STRUCTURES CENTRAL BANK CENTRAL DEPOSITORY CEO CHAMBER OF COMMERCE CHARTER CHARTERS CIVIL LAW SYSTEMS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LAWS COMPANY COMPANY INFORMATION COMPANY LAW CONFLICT OF INTEREST CONFLICTS OF INTEREST CONFLICTS OF INTERESTS CONTINUOUS DISCLOSURE CONTROLLING SHAREHOLDER CONTROLLING SHAREHOLDERS CORPORATE ASSETS CORPORATE BOARD CORPORATE BODIES CORPORATE BONDS CORPORATE CITIZENSHIP CORPORATE GOVERNANCE CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE CODES CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE FRAMEWORKS CORPORATE GOVERNANCE PRINCIPLES CORPORATE GOVERNANCE REFORM CORPORATE GOVERNANCE REFORMS CORPORATE SOCIAL RESPONSIBILITY CORPORATION CORPORATIONS COST OF CAPITAL DEBT DISCLOSURE CONTROL DISCLOSURE OBLIGATIONS DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DISSENTING SHAREHOLDERS DISTRIBUTION OF DIVIDENDS DIVIDEND DIVIDEND PAYMENTS DUE DILIGENCE DUTY OF CARE DUTY OF LOYALTY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EFFICIENT MARKETS EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKETS EQUAL TREATMENT EQUALITY EQUITY MARKET EQUITY MARKETS FINANCES FINANCIAL CRISES FINANCIAL DISCLOSURE FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL STATEMENTS FOREIGN COMPANIES FOREIGN EXCHANGE FULL DISCLOSURE GLOBAL CORPORATE GOVERNANCE GOOD CORPORATE GOVERNANCE GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNANCE REGULATION HARMONIZATION INCOME INDEPENDENT AUDIT INDEPENDENT DIRECTORS INDEPENDENT OVERSIGHT INDIVIDUALS INSIDER TRADING INSTITUTIONAL INVESTORS INSTITUTIONAL SHAREHOLDERS INSURANCE INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARD INVESTIGATION INVESTING INVESTOR CONFIDENCE INVESTOR PROTECTION JUDICIAL SYSTEM JURISDICTION LARGE COMPANIES LEGAL ENTITIES LEGAL ENVIRONMENT LEGAL FRAMEWORK LEGAL PERSONS LEGAL SYSTEM LEGAL SYSTEMS LIMITED LIQUIDATION MAJORITY SHAREHOLDERS MAJORITY VOTE MANAGEMENT OVERSIGHT MANAGERS MARKET CAPITALIZATION MARKET INFORMATION MARKET INSTITUTIONS MARKET MANIPULATION MARKET PARTICIPANTS MARKET SURVEILLANCE MERGER MERGERS MINORITY SHAREHOLDERS MONETARY FUND NUMBER OF SHAREHOLDERS OWNERSHIP RIGHTS PENSION PENSION FUNDS POLITICAL CONSIDERATIONS POLITICAL DISTURBANCES PRIVATE COMPANIES PRIVATE ENTITY PRIVATIZATION PROPERTY RIGHTS PROPORTIONAL REPRESENTATION PROXY PUBLIC LIMITED COMPANIES PUBLIC PENSION PUBLIC POLICY REFORM PROGRAMS REGULATORS REGULATORY AUTHORITY REGULATORY BODY REGULATORY FRAMEWORK REGULATORY REQUIREMENTS RETIREMENT SAVINGS RIGHTS OF SHAREHOLDERS SECURITIES LAW SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATOR SHARE CAPITAL SHARE OWNERSHIP SHARE PRICES SHARE RIGHTS SHAREHOLDER SHAREHOLDER AGREEMENTS SHAREHOLDER APPROVAL SHAREHOLDER MEETING SHAREHOLDER MEETINGS SHAREHOLDER RESOLUTIONS SHAREHOLDER RIGHTS SHAREHOLDER VALUE SHAREHOLDERS MEETING STAKEHOLDER STAKEHOLDERS STAMP DUTY STANDARD CONTRACT STATE ENTERPRISES STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES TAKEOVER TENDER OFFER TRADES TRADING SYSTEM TRANSACTION TRANSACTION COSTS TRANSPARENCY TURNOVER UNION WEAK CORPORATE GOVERNANCE WORLD DEVELOPMENT INDICATORS
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Washington, DC
Africa | West Africa | Sahel | Sub-Saharan Africa | Senegal
2012-06-15T13:46:31Z | 2012-06-15T13:46:31Z | 2006-06

This report provides an assessment of Senegal'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 Senegal. The report identifies several key next steps that can be carried out in Senegal and that focus on implementation, including: (i) developing program to build awareness of the importance of corporate governance and to train directors in modern corporate governance principles; (ii) drafting a code of corporate governance; (iii) addressing governance weaknesses in the state-owned enterprises. A separate report reviews the special issues for the corporate governance of state-owned enterprises in Senegal; and (iv) revising the Organization for the Harmonization of Business Law in Africa (OHADA) uniform act for commercial companies (over the long term) to incorporate modern corporate governance principles.

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