More than 450 shareholder-rights experts from around the world will gather in Washington DC July 5-7 for the 11th annual conference of the International Corporate Governance Network (ICGN).
The theme of the conference is Creating Value — Building Trust. London- based ICGN is hosting the event in partnership with the Council of Institutional Investors.
Corporate governance guru Ira Millstein will kick off the first session, on Wednesday, July 5, at 4:30PM EDT, with a discussion of the unfinished agenda in the U.S. in the wake of the Sarbanes-Oxley corporate reform law.
“Corporate governance starts where the law ends,” says Millstein. “Sarbanes- Oxley does not answer the big questions that need to be tackled — how we get business to do the right thing and investors to act like owners not traders.”
On Thursday July 6 at 1:30PM EDT, World Bank President Paul Wolfowitz will exhort investors to promote corporate-governance reform as a tool in the fight against corruption.
Former Vice President Al Gore will be keynote speaker on Friday, July 7 at 9:15AM EDT. Gore will discuss the investment risks posed by climate change and other major environmental threats. He also will urge shareholders to protect their investments by addressing these challenges.
The Conference will conclude with an address by OECD Secretary General Angel Gurria. In his first international speech since he was appointed, Gurria will call on governments, as shareholders in state-owned enterprises, to push for higher governance standards.
Other conference highlights include a dialogue about recent progress at Walt Disney Co. between CEO Robert Iger and Nell Minow, Editor, The Corporate Library, a governance research service.
“The ICGN Conference is the pre-eminent high-level forum for cross-border debate on the key global corporate governance issues,” says ICGN Executive Director Anne Simpson. “It also will provide practical solutions to some of the more intractable problems facing global investors.”
For further details: see http://www.icgn2006.org