As a supplement to ISS Governance Services’ recently released 2007 Postseason Report, we’ve published an article titled, Tracking Progress: A Look at Global Governance Developments, which summarizes corporate governance developments in a handful of international capital markets. The overview looks at key legal and regulatory changes in markets such as Denmark, Italy, the Netherlands, Poland, and South Africa, noting, for example, the adoption of a new corporate governance regime by Consob, the Italian regulator, as well as Dutch plans to lower shareholding disclosure thresholds from 5 percent to 3 percent. The article also examines governance developments in Belgium, Greece, and Singapore.

Notably, the article contains interviews with good governance advocates from Hong Kong, Switzerland and Turkey. David Webb, editor of webb-site.com, details changes affecting minority shareholder rights as well as other key governance developments in Hong Kong, while Dominique Biedermann, managing director of the Ethos Foundation, shares insights on recent controversies over executive compensation in Switzerland. Meanwhile, Prof. Melsa Ararat of Sabanci University in Istanbul discusses recent developments in the Turkish market and details an Organization for Economic Cooperation and Development report gauging the efficacy of governance in that developing capital market.

To read the article, please visit “News Articles” on the Trends in Corporate Governance Section of RiskMetrics Group’s Knowledge Center.