CORPORATE GOVERNANCE

The Hong Kong Institute of Certified Public Accountants has been active in promoting better corporate governance in Hong Kong over the past decade. The Institute believes that in order for Hong Kong to remain successful in an increasingly competitive global market and to maintain its status amongst the world's leading financial and commercial centres, it must continue to promote and aspire to achieve international best practice in corporate governance, both in terms of the regulatory framework and prevailing practices.

Drawing the experience of accountants working in different fields, the Institute formed a Corporate Governance Working Group in 1995 (renamed Corporate Governance Committee in 1998), with the aim of playing a leading role in the development, implementation and promotion of sound corporate governance in Hong Kong. Click here to view the detailed terms of reference of the Corporate Governance Committee.

Since the formation of the Corporate Governance Working Group, the Institute has undertaken various initiatives to promote and enhance Hong Kong's corporate governance standards. These include:

	1.	Best Practice Guidance: Producing a series of study reports and practice guidance
	2.	Promotional Events and Activities: Organising the Best Corporate Governance Disclosure Awards
	3.	Representation and Advocacy: Commenting on consultation documents and proposals relating to corporate governance or with corporate governance implications
	4.	External and International Involvement: Participating in external events and activities and collaborate with other professional/regulatory bodies to promote corporate governance in Hong Kong

Useful Links and References

Click here for full list.