This initiative contributes a base document, setting the fundamental principles that companies should follow to obtain good corporate governance. The Andean Plan of Good Corporate Governance proposes the use of additional behavioral patterns (not compulsory) before those demanded by the Stock Market Law and its regulations. The main objective is to encourage the development of the stock market by means of good corporate governance practices, in particular sharing information adequately, sound use of resources, and management of stakeholder relationships.
Industry sectors covered by the instrument
Organizations covered by the instrument
Large listed companies
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope