Latvia and the core Corporate Governance Principles: The Roadmap for Accession

In 2014, Latvia was reviewed against the recommendations of the Principles of Corporate Governance and Guidelines on Corporate Governance of State-Owned Enterprises. This chapter, along with Chapter V, builds on these reviews, following the structure of the Corporate Governance Committee’s “Concept Paper”, which sets out five “core” corporate governance accession principles: (1) shareholder rights and equitable treatment, including treatment of the market for corporate control (2) related party transactions and conflicts of interest (3) institutional investor disclosure, corporate governance policies, conflicts of interest and voting (4) insider trading and abusive selfdealing and (5) equitable treatment of shareholders among state-owned enterprises.