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    ANALYSIS OF CORPORATE DISCLOSURES

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    Contents

    Introduction1

    Evolution of Corporate Governance2

    Our Work3

    Methodology4

    Conclusion & Discussion5

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    Introduction

    Term governance derives from the Latin

    gubernare, meaning to steer

    Corporate Governance (CG)

    The way in which companies are directed and

    controlled

    Transparency and accountability

    The timely provision A clear and credible process

    Considered judgements

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    Key Functions

    Helping key institutions for preventingfraud and corruption

    Helping Financial stakeholders tohave access to accurate financialdisclosure and information.

    Effective tool for promoting betterbusiness standards, regulation andtransparency.

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    Strengthening the investmentenvironment

    Respond to the process ofprivatization

    To pave the way towards a world classbusiness organization viaStandardization, Documentation,Knowledge Management and BusinessRule establishment

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    Evolution of CG in SL

    In 1993 Financial Sector Reformed Committee

    In 1997Initiated by Institute of Chartered

    Accountants ofSri Lanka (ICASL)

    Supported by

    Colombo Stock Exchange

    Securities & Exchange Commission

    Ceylon Chamber of Commerce Institute of Directors ofSri Lanka

    In 2003 Revision to the Corporate Governance

    Code of1997

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    Evolution of CG in SL

    Financial Sector Reformed Committee

    Text

    2003

    1997

    1993

    Corporate Governance code of1997Initiated by ICASL

    Revision to the Corporate Governance Code of1997

    Supported by

    Colombo Stock Exchange

    Securities & Exchange Commissio

    Ceylon Chamber of Commerce

    Institute of Directors ofSri Lanka

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    Our work

    Chose Companies in Service sector

    Analysis of Corporate disclosures & Sustainable

    reports

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