“Until now, there was no easy way to compare information on corporate governance between Pacific Alliance countries,” said Andrew Wilson, CIPE managing director.
Washington, DC (PRWEB)
July 14, 2017
The newly launched Elapedia App gives investors around the world instant access to corporate governance practices at 100 publically listed companies in the four Pacific Alliance countries (Chile, Colombia, Mexico and Peru). The free Spanish-language app, which relies on publically available data, provides information about boards’ policies related to managing conflicts of interest, risk management, and other topics of interest to investors.
“Until now, there was no easy way to compare information on corporate governance between Pacific Alliance countries,” said Andrew Wilson, CIPE managing director. “With this useful tool, investors can quickly become informed on corporate governance requirements. It’s a way to access that information without having to dig through multiple sources. This app will be a huge benefit to large companies looking to invest, put up a subsidiary or buy a company in Pacific Alliance countries.”
The Elapedia App, which was supported by the Center for International Private Enterprise (CIPE) and developed by Governance Consultants S.A., represents an important step toward the economic and commercial integration of Pacific Alliance countries. By efficiently harmonizing corporate governance practices, the app will greatly improve the flow of investments and help to strengthen Latin American economies.
Established in 2011, the Pacific Alliance’s goals include establishing the free movement of goods, services and people; driving economic growth; and overcoming socioeconomic inequality….