NEPAD/HSGIC-03-2003/APRM/Guideline/OSCI 9 March 2003 b. To what extent are the standards and codes being observed in practice by corporations? c. Are the legal and regulatory frameworks in place to govern corporate and government activities effectively? d. Has the country developed a national code of corporate governance and other forms of conduct? e. Is there effective cooperation in achieving a win-win strategy in employeremployee relations and other elements of the social contract? f. What is the overall assessment of the integrity of the corporate sector in corporate governance? 4.4 Examples of Indicators a. Effective regulation of accounting and auditing professions b. Effectiveness of legal framework and enabling environment c. Effectiveness of protection of property rights and creditors’ rights d. Timelines and effectiveness of resolving corporate disputes e. Effectiveness of private sector regulation f. Cooperativeness of employer-employee relations and positive assessments of labour unions g. Results of overall assessment of corporate integrity h. Level of application of international codes and standards i. Level of compliance to reporting and disclosure requirements covering capital market, state-owned enterprises and agencies, banking, insurance and financial sector, etc. j. Existence of effective Environmental Impact Assessment (EIA) programme Page 22 of 31