"This document examines how effectively boards manage to align executive and board remuneration with the longer-term interests of their companies. This is a major and ongoing issue in many companies and one of the key failures highlighted by the financial crisis. Aligning incentives seems to be...

Foreword -- Executive Summary -- The importance of institutional investors in promoting good governance -- The Latin American context -- Recommendations to strengthen policy and good practices -- Additional steps: strengthening market forces -- Bibliography

The G20/OECD Principles of Corporate Governance help policy makers evaluate and improve the legal, regulatory, and institutional framework for corporate governance. They also provide guidance for stock exchanges, investors, corporations, and others that have a role in the process of developing...