Sub-Saharan Africa (developing only) | 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
Sub-Saharan Africa (excluding high income)
Records
53
Source
Sub-Saharan Africa (developing only) | Protecting investors, shareholder suits index
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4.90909091 2005
4.97777778 2006
5.02222222 2007
5.02222222 2008
5.04444444 2009
5.06666667 2010
5.04444444 2011
5.04444444 2012
Sub-Saharan Africa (developing only) | 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
Sub-Saharan Africa (excluding high income)
Records
53
Source