Regulatory Environment & Minority Shareholder Protection

In the context of corporate governance, the regulatory environment is crucial for ensuring that companies operate within a framework that promotes accountability and protects shareholder interests. Various frameworks and codes set out best practices for governance to guide companies through the complexities of regulatory compliance. The Sarbanes-Oxley Act (SOX), for instance, was enacted in response to major financial scandals in the early 2000s, aiming to enhance the accuracy and reliability of corporate disclosures. Keeping these points in mind, consider the following statement:

Which of the following regulatory frameworks primarily aims at protecting the interests of minority shareholders in publicly-listed companies, specifically concerning transaction disclosures and board structures?