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Corporate Governance and Compliance in Hong Kong

Corporate Governance and Compliance in Hong Kong

Author: Gordon Jones
Publisher: LexisNexis Hong Kong
ISBN: 9789888146239
Published In: March 2012
Format: Hardback , 500 pages
Jurisdiction: Hong Kong ? Disclaimer:
Countri(es) stated herein are used as reference only

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The definitive text available on corporate governance for Hong Kong’s legal and regulatory professionals.

“Starting with a historical approach the author has traversed the intricacies of current laws and regulations and looked at the major issues surrounding corporate behavior. Some of what can be considered to be current ills may be cured and some may not. I commend this book to anyone who has dealing in corporate affairs. It will be informative and the definitive work on corporate governance in Hong Kong.”

- Anthony Rogers, Former Chairman of the Standing Committee on Company Law Reform and Vice-President of the Court of Appeal

In essence, corporate governance is the set of processes, customs, policies, laws and institutions affecting the way in which a company is directed, administered and controlled. While a company’s corporate governance structures and processes are important, they cannot compensate for a lack of ability or integrity in its directors and such a company will, by definition, have poor corporate governance.

Corporate Governance and Compliance in Hong Kong is the definitive work for legal advisors, compliance officers, judges, regulators, government officials, business people, managers, stakeholders, academics and all other professionals who wish to know and understand the intricacies of Hong Kong’s law relating to corporate governance.

This work consists of 30 chapters and useful appendices covering all areas of Corporate Governance and Compliance issues for practitioners. Chapters 1 to 8 are the introductory chapters on legal and regulatory framework and reform. Chapters 9 to 14 are dedicated chapters discussing all directors’ duties and powers. Chapters 15 to 18 discuss company and corporate administration whilst Chapters 19 to 21 discuss shareholders’ and their duties and powers. The rest of the work covers non legalese yet important areas of practice for example Chapters 22 to 24 covers Financial Reporting and Auditors, Chapter 25 on Corporate Social Responsibility, Chapter 26 on Ethical Governance and Chapter 27 on Not-For-Profit Entities and Public Bodies. The last part of the work covers more matters related to business acumen and future reform with Chapter 28 on Small and Medium Sized Enterprises, Chapter 29 on Professional Organizations and Chapter 30 on The Way Ahead.

Gordon W. E. Jones Joined the Administrative Grade of the Hong Kong Government in October 1973, and served in a large number of branches in the Government Secretariat, including the Finance and Transport Branches, and departments such as the then Cultural Services Department and the City and New Territories Administration, where he was the District Officer for the Kowloon City District. On 1 May 1993, he was appointed the Registrar of Companies for Hong Kong. During his time as the head of the Companies Registry, he played a key role in the modernisation and computerisation of the department’s operations, and company law and corporate governance reform, including initiating the rewrite of the Companies Ordinance.

He is currently involved in a number of pro-bono activities including the Hong Kong Institute of Certified Public Accountants, where he chairs the Regulatory Accountability Board. He is an Honorary Fellow of Lingnan University, the Hong Kong Institute of Directors and Hong Kong Securities Institute and a Fellow of the Institute of Chartered Secretaries and Administrators and the Hong Kong Institute of Chartered Secretaries.