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The enhancements, improvements, and other changes in corporate best practices are emerging on a near daily basis.
The call for a voluntary code of "best practices" stopped short of saying that countries should not invest with political motivations in mind.
Still, no whistles were blown, although a code of best practices for the foreign exchange market suggests that suspicious trading should be reported.
Neither Sarbanes-Oxley nor the Cadbury code of best practices addresses this matter in a fundamental way.Governance arrangements are not the same elsewhere.
Mr. Biedermann and others say a national code of corporate practices is needed that would require compensation to be set by committees of nonexecutive directors and fully disclosed.
The Code of best practice on corporate governance in Mauritius was published in October 2003.
The Institute of International Finance, a global association of banks, is looking to create a code of best practice.
But their emphasis was on the industry itself setting up new codes of "best practices," and not on government regulations.
Private military and security contractors should adopt comprehensive codes of conduct and best practices.
"These codes of conduct for high-profile projects are useful in that they provide codes of best practice.
Codes of best practice, such as the REMARK guidelines, may facilitate the performance of conclusive and transparent future studies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com