Regulatory Alerts2022-12-21
CMA Releases the Fifth Edition of the State of Corporate Governance Report
The Capital Markets Authority has released its fifth annual report assessing corporate governance compliance for 55 issuers of securities in Kenya for the 2021-2022 financial year. The study reveals a weighted average governance score improvement to 72 percent, with the Banking Sector leading in performance and the Agricultural Sector ranking lowest. Enhanced collaboration between the Authority and stakeholders has driven these improvements, with a continued institutional focus on strengthening environmental and social sustainability practices.
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