North Africa | Protecting investors, shareholder suits index
Doing Business measures the strength of minority shareholder protections against directors’ misuse of corporate assets for personal gain. The indicators distinguish 3 dimensions of investor protection: transparency of transactions (extent of disclosure index), liability for self-dealing (extent of director liability index) and shareholders’ ability to sue officers and directors for misconduct (ease of shareholder suits index). The data come from a survey of corporate lawyers and are based on company laws, court rules of evidence and securities regulations. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.
Publisher
The World Bank
Origin
North Africa
Records
53
Source
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value
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Max
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| 3.2 | 2005 |
| 3.2 | 2006 |
| 3.2 | 2007 |
| 3.2 | 2008 |
| 3.2 | 2009 |
| 3.2 | 2010 |
| 4.2 | 2011 |
| 4.2 | 2012 |
North Africa | Protecting investors, shareholder suits index
Doing Business measures the strength of minority shareholder protections against directors’ misuse of corporate assets for personal gain. The indicators distinguish 3 dimensions of investor protection: transparency of transactions (extent of disclosure index), liability for self-dealing (extent of director liability index) and shareholders’ ability to sue officers and directors for misconduct (ease of shareholder suits index). The data come from a survey of corporate lawyers and are based on company laws, court rules of evidence and securities regulations. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.
Publisher
The World Bank
Origin
North Africa
Records
53
Source