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The Role of MENA Stock Exchanges in Corporate Governance the Role of MENA Contents Stock Exchanges Executive Summary Introduction in Corporate Governance Part I
The Role of MENA Stock Exchanges in Corporate Governance The Role of MENA Contents Stock Exchanges Executive Summary Introduction in Corporate Governance Part I. Key Features of MENA Markets Dominant state ownership Low regional and international integration Moderate competition for listings Young markets, dominated by a few sectors High levels of retail investment Diversifi cation of fi nancial products Part II. The Role of Exchanges in Corporate Governance The regulatory role The listing authority Corporate governance codes Disclosure and transparency The enforcement powers Concluding Remarks Annex I. About The Taskforce Annex II. Consolidated Responses to the OECD Questionnaire Annex III. Largest Listed Companies in the MENA region www.oecd.org/daf/corporateaffairs/mena Photos on front cover : © Media Center/Saudi Stock Exchange (Tadawul) and © Argus/Shutterstock.com 002012151cov.indd 1 12/06/2012 12:48:57 The Role of MENA Stock Exchanges in Corporate Governance This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. © OECD 2012 You can copy, download or print OECD content for your own use, and you can include excerpts from OECD publications, databases and multimedia products in your own documents, presentations, blogs, websites and teaching materials, provided that suitable acknowledgement of OECD as source and copyright owner is given. -
EU PROGRES Newsletter, January-March 2013, Issue 9
JANUARY-MARCH 2013 European Partnership with Municipalities The project funded through EU PROGRES enabled medical examinations to the women from the most vulnerable groups in Lebane. When medical doctor appears at your door, and at the time you do not have money for basic needs, not even for medication, it clearly shows what a great impact is achieved. Biljana Nikolić Centre for Democratic Activities Lebane Andrew Headey from the Delegation of EU and Branko Budimir from the Serbian European Integration Office mark the completion of project equipping the Kindergarten in Ivanjica Towns and Municipalities from South and South West Serbia in the “Europe, That Is You” Campaign Representatives of the Delegation of the European Union to Serbia, the Serbian European Integration Office and the European Partnership with Municipalities Programme - EU PROGRES informed mayors and presidents of municipalities in South and South West Serbia that the level of donations to be granted in the coming period depended on their capabilities, and that it was necessary therefore to upgrade the capacities of the administrations to offer the best response to EU integration challenges. Mayors and presidents of municipalities from 25 towns and municipalities gathered during a working lunch, on the occasion of launching the “Europe, That Is You“ campaign. > whole article EU PROGRES Activities to Go On Until March 2014 European Partnership with Municipalities Programme EU PROGES, implemented in 25 municipalities in South and Southwest Serbia with financial support from the European Union and the Government of Switzerland, will continue with implementation until March 2014 as announced at the tenth Programme Steering Committee Meeting. -
Pagina 1 Di 40 09/12/2014
Pagina 1 di 40 Print Bluetongue, Serbia Close Information received on 04/11/2014 from Dr Budimir Plavšić, Head, Animal Health Department Veterinary Directorate, Ministry of Agriculture and Environmental Protection, Belgrade, Serbia Summary Report type Follow-up report No. 3 Date of start of the event 30/08/2014 Date of pre-confirmation of the 03/09/2014 event Report date 04/11/2014 Date submitted to OIE 04/11/2014 Reason for notification Reoccurrence of a listed disease Date of previous occurrence 2002 Manifestation of disease Clinical disease Causal agent Bluetongue virus Serotype 4 Nature of diagnosis Clinical, Laboratory (basic), Laboratory (advanced) This event pertains to the whole country Immediate notification (04/09/2014) Follow-up report No. 1 (21/09/2014) Related reports Follow-up report No. 2 (18/10/2014) Follow-up report No. 3 (04/11/2014) Follow-up report No. 4 (04/12/2014) New outbreaks (300) Outbreak 1 (3920) Prolom, Kursumlija, Toplicki, SRBIJA Date of start of the outbreak 09/09/2014 Outbreak status Continuing (or date resolved not provided) Epidemiological unit Backyard Species Susceptible Cases Deaths Destroyed Slaughtered Affected animals Cattle 6 0 0 0 0 Sheep 29 4 3 0 0 Outbreak 2 (04469) Ševica, Kucevo, Branicevski, SRBIJA Date of start of the outbreak 13/09/2014 Outbreak status Continuing (or date resolved not provided) Epidemiological unit Backyard Species Susceptible Cases Deaths Destroyed Slaughtered Affected animals Sheep 5 1 0 0 0 Outbreak 3 (04226) Kruscica, Bela Crkva, Juznobanatski, SRBIJA Date of start -
REZULTATI U OGLEDIMA I PROIZVODNJI Rezultati Prinosa Iz Demonstracionih Ogleda 2020
REZULTATI U OGLEDIMA I PROIZVODNJI Rezultati prinosa iz demonstracionih ogleda 2020 NK Kondi Vojvodina Okrug Lokacija Ime i prezime / Ime firme % vlage u žetvi Prinos SRPS 9% Severni Banat Kikinda PSS Kikinda 8,6 5.098 Srem i Mačva Stara Pazova Napredak AD 12,5 4.618 Severni Banat Kikinda Kralj Dragan 7,0 4.353 Severna Bačka Subotica Ilovac Josip 6,0 4.336 Južni Banat Pančevo, Tamiš PSSS Tamiš 6,6 4.282 Južna Bačka Vrbas Vlajko Šuvakov 7,0 4.277 Južna Bačka Titel Čavić Milenko 6,0 4.205 Srednji Banat Srpska Crnja Dacin Vojislav 8,0 4.131 Srem i Mačva Maradik Svetislav 7,0 4.029 Severni Banat Kikinda PSS Kikinda 7,7 4.001 Južni Banat Sakule Ivan Kanački 8,0 3.811 Južna Bačka Čurug Ninkov Siniša 8,0 3.785 Južni Banat Izbište Predrag Milunov 8,9 3.754 Južni Banat Bavanište Danijel Stevanović 10,7 3.739 Južni Banat Samoš Milan Štopulj 9,4 3.627 Južni Banat Starčevo Dejan Đurišić 8,2 3.610 Srednji Banat Sečanj Guzijan Siniša 7,0 3.599 Južni Banat Bavanište Dragan Savin 6,1 3.509 Severni Banat Čoka Kendjur Dušan 8,0 3.421 Južni Banat Crepaja Željko Karbunar 7,7 3.290 Severna Bačka Subotica Agrosilver DOO 8,0 3.249 Srednji Banat Orlovat Stankov Dušan 5,0 3.245 20 NK Kondi Centralna Srbija Okrug Lokacija Ime i prezime / Ime firme % vlage u žetvi Prinos SRPS 9% Kolubarski okrug Kalinovac, Ub Lišanin Zoran 5,9 4.432 Šumadijski okrug Desimirovac, Svetlić Gavrilović Dejan 6,7 4.409 Pomoravski okrug Kušiljevo Živoslav Milanović 5,4 4.204 Podunavski okrug Markovac Stojiljković Dragan 9,2 4.079 Braničevo Tabanovac Miloš Veliborović 9,5 4.060 Borski okrug -
Redalyc.Market Segmentation: Venezuelan Adrs
INNOVAR. Revista de Ciencias Administrativas y Sociales ISSN: 0121-5051 [email protected] Universidad Nacional de Colombia Colombia Garay, Urbi; González, Maximiliano Market segmentation: Venezuelan ADRs INNOVAR. Revista de Ciencias Administrativas y Sociales, vol. 22, núm. 46, octubre-diciembre, 2012, pp. 73-85 Universidad Nacional de Colombia Bogotá, Colombia Available in: http://www.redalyc.org/articulo.oa?id=81827442007 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative Finanzas y marketing revista innovarjournal market segmentation: Venezuelan adrs Urbi Garay Ph.d. en finanzas, Universidad de massachusetts, amherst, m.a. en economía internacional y desarrollo, yale University. economista, Universidad Católica andrés Bello. Profesor, instituto de estudios superiores de administración Correo electrónico: [email protected] Maximiliano González segmentación de mercados: adrs VeneZolanos Ph.d en administración de negocios y Finanzas, tulane University. magíster en resúmen: los controles cambiarios impuestos en venezuela en 2003 administración de negocios, iesa. licenciado en Ciencias administrativas, Universidad constituyen un experimento natural que permite a los investigadores ob- metropolitana Caracas venezuela. Profesor asociado, Universidad de los andes servar el efecto que tales controles tuvieron sobre la segmentación del mercado de capitales. este trabajo presenta evidencia empírica que su- Correo electrónico: [email protected] giere que, aún cuando el mercado de capitales venezolano se encontraba altamente segmentado antes de que se impusieran los controles, las ac- ciones de la empresa Cantv estaban, por medio de sus american deposi- tary Receipts (adRs o certificados de depósito americanos), parcialmente integrados con los mercados globales. -
Descripción Del Listado: Página 1 De 17 Fecha De Impresión: LIBRO CAMPOS PROYECTOS EXTRANJEROS 2017 22/05/2017 11:43
Descripción del listado: Página 1 de 17 Fecha de impresión: LIBRO CAMPOS PROYECTOS EXTRANJEROS 2017 22/05/2017 11:43 Referencia: 1 Code: VSS08 Year: 2017 Region: VSS - YRS YOUNG RESEARCHERS OF SERBIA Name: TONIGHT WE PROUDLY PRESENT, OMOLJICA Address: PANCEVO, C.P. 11070, Sin Localidad, Sin Autonomia, Serbia Email: Phone Number: URL: http://www.mis.org.rs Project: RENO-SPOR - Renovation-Sport Initial Date: 03/07/2017 Final Date: 16/07/2017 Min Age: 18 Max Age: 30 Total Places: 2 Male Places: 7 Vegetarian Places: 0 Female Places: 7 Disabled Places: 0 Extra Fee: 0 EUR REQUIREMENTS: It is desirable that volunteers have an interest in sports. DESCRIPTION OF WORKCAMP: The Youth Association Sunflower was founded in 2013 with the aim to promote youth activism, volunteering, culture, sport and education and has so far organized three workcamps to improve the quality of life of young people in the village. This year volunteers will renovate 10 sport fields and playgrounds in Omoljica. The work consists of sanding and painting the existing exercise constructions, marking sport fields as well as repairing benches and garbage bins. The participants will organize joint sport competitions involving the local community. A high number of young people from the local community will take part in the work and sport activities. COMPLEMENTARY ACTIVITIES - LEISURE ACTIVITIES: It is surrounded by parks, rivers, lakes, and there is also a mineral spring with temperatures above 37 ( C. In free time the host will organize a trip to Pancevo, the Danube and a recycling factory. Various workshops, such as traditional sewing techniques and folklore, film evenings and socializing with the local community will be organized.Airport: Belgrade, Timisoara (ROM) ACCOMODATION/FOOD: The volunteers will be accommodated in the school which is located in the center of Omoljica. -
Looking for a Safe-Haven in a Crisis-Driven Venezuela
The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/1750-6166.htm Caracas stock Looking for a safe-haven in a exchange crisis-driven Venezuela The Caracas stock exchange vs gold, oil and bitcoin 475 Ida Musialkowska Received 20 January 2020 European Studies, Poznan University of Economics, Poznan, Poland Revised 20 February 2020 Accepted 1 March 2020 Agata Kliber Department of Applied Mathematics, Poznan University of Economics, Poznan, Poland Katarzyna Swierczy nska Economic Journalism and Public Relations, Poznan University of Economics, Poznan, Poland, and Paweł Marszałek Money and Banking, Poznan University of Economics, Poznan, Poland Abstract Purpose – This paper aims to find, which of the assets: gold, oil or bitcoin can be considered a safe-haven for investors in a crisis-driven Venezuela. The authors look also at the governmental change of approach towards the use and mining of cryptocurrencies being one of the assets and potential applications of bitcoin as (quasi) money. Design/methodology/approach – The authors collected the daily data (a period from 01 May 2014 to 31 July 2018) on the development of the following magnitudes: Caracas Stock Exchange main index: Índice Bursátil de Capitalisacion (IBC) index; gold price in US dollars, the oil price in US dollars and Bitcoin price in bolivar fuerte (VEF) (LocalBitcoins). The authors estimated a threshold VAR model between IBC and each of the possible safe-haven assets, where the trigger variable was the IBC; then the authors modelled the residuals from the TVAR model using MGARCH model with dynamic conditional correlation. -
Uredba O Utvrđivanju Jedinstvene Liste Razvijenosti Regiona I Jedinica Lokalne Samouprave Za 2014
UREDBA O UTVRĐIVANJU JEDINSTVENE LISTE RAZVIJENOSTI REGIONA I JEDINICA LOKALNE SAMOUPRAVE ZA 2014. GODINU ("Sl. glasnik RS", br. 104/2014) Član 1 Ovom uredbom utvrđuje se jedinstvena lista razvijenosti regiona, koji su prema stepenu razvijenosti razvrstani u razvijene i nedovoljno razvijene regione i jedinica lokalne samouprave, koje su razvrstane u prvu, drugu, treću i četvrtu grupu i devastirana područja na osnovu podataka organa nadležnog za poslove statistike i finansija. Član 2 Razvrstavanje regiona vrši se na osnovu vrednosti bruto-domaćeg proizvoda po glavi stanovnika u regionu u odnosu na republički prosek, za referentni period. Razvijeni regioni su regioni koji ostvaruju vrednost bruto-domaćeg proizvoda iznad vrednosti republičkog proseka, i to: 1) Beogradski region; 2) Region Vojvodine. Nedovoljno razvijeni regioni su regioni u kojima je vrednost bruto-domaćeg proizvoda ispod vrednosti republičkog proseka, i to: 1) Region Šumadije i Zapadne Srbije; 2) Region Južne i Istočne Srbije. Pored regiona iz stava 3. ovog člana, status nedovoljno razvijenog regiona ima Region Kosova i Metohije. Član 3 Prema stepenu razvijenosti jedinica lokalnih samouprava prvu grupu čini 20 jedinica lokalne samouprave čiji je stepen razvijenosti iznad republičkog proseka, i to: 1) Bačka Palanka; 2) Beograd; 3) Beočin; 4) Bor; 5) Valjevo; 6) Vrbas; 7) Vršac; 8) Kanjiža; 9) Kragujevac; 10) Lajkovac; 11) Niš; 12) Novi Sad; 13) Pančevo; 14) Pećinci; 15) Požarevac; 16) Senta; 17) Stara Pazova; 18) Subotica; 19) Užice; 20) Čačak. Prema stepenu razvijenosti -
National Report of the Republic of Serbia to the Habitat Iii Conference
NATIONAL REPORT OF THE REPUBLIC OF SERBIA TO THE HABITAT III CONFERENCE BELGRADE, SEPTEMBER 2016 0 MINISTRY OF CONSTRUCTION, TRANSPORT AND INFRASTRUCTURE Minister prof. Dr. Zorana Mihajlović Department for housing and architectural policies, public utilities and energy efficiency Deputy Minister Jovanka Atanacković Working team of the Ministry: Svetlana Ristić, B.Sc. Architecture Božana Lukić, B.Sc. Architecture Tijana Zivanovic, MSc. Spatial Planning Siniša Trkulja, PhD Spatial Planning Predrag I. Kovačević, MSc. Demography Nebojša Antešević, MSc. Architecture Assistance provided by the working team of the Professional Service of the Standing Conference of Towns and Municipalities: Klara Danilović Slađana Grujić Dunja Naić Novak Gajić Aleksandar Marinković Rozeta Aleksov Miodrag Gluščević Ljubinka Kaluđerović Maja Stojanović Kerić The report was prepared for the UN Conference on Settlements Habitat III in Serbian and English language 1 CONTENT I Urban Demography ................................................................................................................... 4 1. Managing rapid urbanization ............................................................................................. 4 2. Managing rural-urban linkages .......................................................................................... 6 3. Addressing urban youth needs ........................................................................................... 7 4. Responding to the needs of the aged ............................................................................. -
Prethodna Studija Izvodljivosti Izgradnje RVS Dubovac-Zrenjanin-Kikinda-Knjiga 2
Prethodna Studija izvodljivosti izgradnje RVS Dubovac-Zrenjanin-Kikinda-Knjiga 2 1. Uvod Brz razvoj privrede i društva i urbanizacija naselja u proteklom periodu na području Vojvodine nije uporedo pratila izgradnja infrastrukturnih objekata koji obezbeđuju stabilno i kvalitetno vodosnabdevanje. Neadekvatno rešenje vodosnabdevanja ogleda se pre svega u nestašici vode pri čemu posebno treba istaći neadekvatan kvalitet isporučene vode, koji u pojedinim regionima Vojvodine predstavlja osnovni problem vodovodnih sistema. Javno snabdevanje vodom u Vojvodini je orijentisano isključivo na korišćenje podzemnih voda iz različitih vodonosnih sredina: aluvijalnih sedimenata u priobalju Save i Dunava - "prva" izdan (dubine bunara do 50 m), osnovnog vodonosnog kompleksa - osnovna izdan (dubine bunara od 50-250m) i subarteske i arteske izdani - duboka izdan (dubine bunara od 250m do 350m) Problemi koji se javljaju u vodosnabdevanju prema svojoj prirodi mogu se generalno svrstati u dve grupe: 1. problemi vezani za resurs podzemnih voda 2. problemi vezani za vodovodne sisteme Problemi vezani za resurs podzemnih voda se mogu svrstati u dve kategorije: problemi nedovoljnih količina podzemnih voda i problemi neodgovarajućeg kvaliteta. Period od početka organizovanog vodosnabdevanja 60-tih godina prošlog veka do danas karakteriše se izrazitim porastom eksploatacije podzemnih voda na području cele Vojvodine (Zahvaćene količine podzemnih voda iz izdani koje se sporo obnavljaju (osnovne i duboke izdani) su znatno veće (4600 l/s) od količina zahvaćenih iz relativno brzo obnovljive izdani ("prve" izdani) - oko 1900 l/s. S obzirom na činjenicu da su izvorišta formirana u naseljima ili u njihovoj neposrednoj blizini, eksploatacija podzemnih voda se vrši na malom prostoru što je dovelo do sniženja nivoa podzemnih voda, kako lokalno tako i na širem području. -
Blair Lands Another Deal
points – Tourist Organisation of Bel of Organisation –Tourist points distribution biggest paper’s the of out of distribution points distribution of out kicked Insight Belgrade Blair. Tony Fart EnglishGay titled abook of asaneditor listed was he cian that politi British the of critic anoutspoken such once was and war the during minister tion informa was who Vučić, Aleksandar ister, T Emma Lawrence Ivan Emirates. Arab United by befunded to believed deal under critic, his outspoken once Vučić, Aleksandar Serbian PM Blair willcounsel Serbia advising deal: another Blair lands grade centres. grade A BIRN. against campaign government-led the of acontinuation appears -inwhat centres Belgrade of Organisation Tourist at and airport Belgrade at stopped hasbeen Insight Belgrade of Distribution Blair will counsel the Serbian prime min Serbian prime the Blair willcounsel ANGELOVSKI GRAHAM-HARRISON MARZOUK ing of Belgrade in1999. Belgrade of ing bomb the of proponent chief asthe hisrole despite advise, to ispaid he countries of list the Serbiato Blairhasadded ony Continued on on Continued be distributed at one one at be distributed longer no will Insight, Belgrade newspaper, English language BIRN’s February, of s page 3 Vietnamese Vietnamese +381 11 4030 306 114030 +381 Belgrade Belgrade - - - - - student student Page 5 ‘home’ makes makes Opposition politicians say Blair is a “bizarre” choice of adviser for Vučić. ofadviserfor choice Blairisa“bizarre” Opposition politicianssay tourist locations in more than60coun inmore locations tourist other and seaports, at cruiseon liners, inairports, shops 1,700 over operates ongoing. remain this company with negotiations Airport, Tesla Nikola at outlets Dufry at has alsohalted paper Dufry, a global travel retailer that that retailer travel aglobal Dufry, news free the of distribution While Issue No. -
Significantly Regulated Organizations Added
Significantly Regulated Organizations Added ‐ September 2017 DUNS COUNTRY BUSINESS NAME TICKER SYMBOL EXCHANGE NAME NUMBER NAME 565406188 BRITISH AMERICAN TOBACCO ZIMBABWE ZIMBABWE BAT.ZW Zimbabwe Stock 565568949 MEDTECH HOLDINGS LTD ZIMBABWE MMDZ.ZW Zimbabwe Stock 565412350 NATIONAL FOODS LTD ZIMBABWE NTFD.ZW Zimbabwe Stock 565679081 STARAFRICA CORPORATION LTD ZIMBABWE SACL.ZW Zimbabwe Stock 555364141 CENTRAL PHARMACEUTICAL JOINT STOCK VIETNAM DP3 Hanoi Stock Exchange CHUONG DUONG BEVERAGE JOINT STOCK Ho Chi Minh Stock 555317798 COMPANY VIETNAM SCD Exchange 555297766 DANAMECO MEDICAL JOINT STOCK VIETNAM DNM Hanoi Stock Exchange DUC GIANG CHEMICALS AND DETERGENT 555345573 POWDER JOINT STOCK COMPANY VIETNAM DGC Hanoi Stock Exchange 555248250 Ha Long Canned Food Joint Stock Co. VIETNAM CAN Hanoi Stock Exchange 555530381 HA NOI INVESTMENT GENERAL VIETNAM SHN Hanoi Stock Exchange 555271543 HA TAY PHARMACEUTICAL JOINT STOCK VIETNAM DHT Hanoi Stock Exchange HOANG ANH GIA LAI JOINT STOCK Ho Chi Minh Stock 555335798 COMPANY VIETNAM HNG Exchange 555319636 HUNG HAU AGRICULTURAL CORPORATION VIETNAM SJ1 Hanoi Stock Exchange 555530218 HUNG VIET GREEN AGRICULTURE JOINT VIETNAM HVA Hanoi Stock Exchange KLF JOINT VENTURE GLOBAL INVESTMENT 555529792 JOINT STOCK COMPANY VIETNAM KLF Hanoi Stock Exchange 555340068 LAM DONG PHARMACEUTICAL JOINT STOCK VIETNAM LDP Hanoi Stock Exchange MECHANICS CONSTRUCTION AND 555303278 FOODSTUFF JOINT STOCK COMPANY VIETNAM MCF Hanoi Stock Exchange Ho Chi Minh Stock 555365190 NAFOODS GROUP JOINT STOCK COMPANY VIETNAM NAF Exchange NORTH PETROVIETNAM FERTILIZER & 555458287 CHEMICALS JOINT STOCK COMPANY VIETNAM PMB Hanoi Stock Exchange Ho Chi Minh Stock 555279715 S.P.M CORPORATION VIETNAM SPM Exchange SAIGON BEER ALCOHOL BEVERAGE Ho Chi Minh Stock 555254439 CORPORATION VIETNAM SAB Exchange 555341953 SAM CUONG ELECTRIC MATERIALS JS CO.