The HAMS ProposalThe HAMS proposal involves establishing an authoritative body to represent and advance minority shareholders' interests in Hong Kong-listed companies, accelerating corporate governance reform, reducing investment risk and thereby lowering the cost of capital for HK-listed companies. It's a win-win proposition. Good for investors, good for issuers, and good for Hong Kong's economy and financial market. HAMS would have three main divisions: Policy, Appraisal and Enforcement. Executive management would report to a non-executive Board of Governors elected by investor members. Funded by a Good Governance Levy of 0.005% on transactions, HAMS would require enabling legislation.
The Endorsement List News on the HAMS proposalGovernment
rejects HAMS Proposal (24-Apr-02) What the media are sayingVisit our press corner. |