Corporate Governance Country Assessment : Togo

The purpose of this ROSC assessment of corporate governance in Togo is to help improve corporate governance in the country by assessing law and practice, suggesting reforms, and supporting the country in its effort to implement changes for better c...

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Bibliographic Details
Main Author: World Bank
Format: Corporate Governance Assessment (ROSC)
Language:English
en_US
Published: Washington, DC 2014
Subjects:
CEO
Online Access:http://documents.worldbank.org/curated/en/2009/03/20225954/togo-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20434
id okr-10986-20434
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING STANDARDS
ACQUISITION
ACQUISITIONS
ADMINISTRATIVE JUDGMENT
ARTICLES OF ASSOCIATION
ARTICLES OF INCORPORATION
ASSET MANAGERS
AUDIT COMMITTEE
AUDITOR INDEPENDENCE
BANK OFFICE
BANKS
BENEFICIAL OWNER
BENEFICIAL OWNERS
BOARD ELECTIONS
BOARD MEETINGS
BOARD MEMBER
BOARD MEMBERS
BOARDS OF DIRECTORS
BONDS
BOURSE
BROKERAGE
BROKERAGE FIRM
BUSINESS CASE
BUSINESS ENTITIES
BUSINESS LAWS
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL STRUCTURE
CENTRAL BANK
CENTRAL DEPOSITORY
CEO
CHAMBER OF COMMERCE
CHARTER
CHARTERS
CIVIL LAW COUNTRY
CIVIL LAW SYSTEMS
CODE OF CONDUCT
COMMERCIAL BANKS
COMMODITIES
COMPANY
COMPANY INFORMATION
COMPANY LAW
COMPANY LAWS
CONFLICT OF INTEREST
CONFLICT OF INTERESTS
CONFLICTS OF INTEREST
CONFLICTS OF INTERESTS
CONTROLLING SHAREHOLDER
CONTROLLING SHAREHOLDERS
CORPORATE ASSETS
CORPORATE BOARD
CORPORATE BODIES
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CODE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE PRINCIPLES
CORPORATE GOVERNANCE REFORM
CORPORATE GOVERNANCE REFORMS
CORPORATE GOVERNANCE STANDARDS
CORPORATE GOVERNANCE SURVEY
CORPORATION
COST OF CAPITAL
DISCLOSURE CONTROL
DISCLOSURE REQUIREMENTS
DISCLOSURE STANDARDS
DISPUTE RESOLUTION
DISTRIBUTION OF DIVIDENDS
DIVIDEND
DIVIDENDS
DUE DILIGENCE
DUTY OF CARE
DUTY OF LOYALTY
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
EMERGING MARKETS
ENFORCEMENT OF CONTRACTS
EQUALITY
EQUITY MARKETS
EXPOSURES
FAMILY BUSINESS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DISCLOSURE
FINANCIAL INFORMATION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL STATEMENT
FINANCIAL STATEMENTS
FOREIGN STOCK
GOOD CORPORATE GOVERNANCE
GOOD GOVERNANCE
GOVERNANCE PRACTICE
GOVERNANCE PRACTICES
GOVERNMENT BUDGET
GROSS DOMESTIC PRODUCT
HARMONIZATION
INCOME
INCORPORATED
INDEPENDENT AUDIT
INDEPENDENT DIRECTOR
INDEPENDENT DIRECTORS
INDEPENDENT OVERSIGHT
INDIVIDUALS
INSIDER TRADING
INSTITUTIONAL INVESTORS
INSURANCE
INTERNAL CONTROL
INTERNAL CONTROLS
INVESTIGATION
INVESTOR CONFIDENCE
INVESTOR PROTECTION
JUDICIAL SYSTEM
JURISDICTION
LARGE COMPANIES
LEGAL FRAMEWORK
LEGAL SYSTEM
LIMITED
LIQUID MARKET
LIQUIDATION
MACROECONOMIC MANAGEMENT
MAJORITY SHAREHOLDER
MAJORITY VOTE
MANAGEMENT OVERSIGHT
MANAGERS
MARKET CAPITALIZATION
MARKET INFORMATION
MARKET INSTITUTIONS
MARKET MANIPULATION
MARKET PARTICIPANTS
MARKET SURVEILLANCE
MARKET TRANSPARENCY
MERGERS
MICROFINANCE
MINORITY SHAREHOLDER
MINORITY SHAREHOLDERS
NEGATIVE EQUITY
NUMBER OF SHAREHOLDERS
OWNERSHIP RIGHTS
OWNERSHIP STRUCTURES
PARTNERSHIP
PENSION
PENSION FUNDS
PERSONS
PORTFOLIO
PRIVATE COMPANIES
PRIVATE ENTITY
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PROPERTY RIGHTS
PROXY
PUBLIC LIMITED COMPANIES
PUBLIC LIMITED COMPANY
PUBLIC POLICY
RAPID GROWTH
REGULATORS
REGULATORY AUTHORITY
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY REFORM
REGULATORY REQUIREMENTS
REMOTE LOCATION
REPUTATION
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
SECURITIES
SECURITIES LAW
SECURITIES LAWS
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATOR
SHARE CAPITAL
SHARE OWNERSHIP
SHAREHOLDER
SHAREHOLDER AGREEMENTS
SHAREHOLDER APPROVAL
SHAREHOLDER MEETING
SHAREHOLDER MEETINGS
SHAREHOLDER RIGHTS
SHAREHOLDER VALUE
SHAREHOLDERS MEETING
SHAREHOLDERS RIGHTS
SINGLE VOTE
SOCIETIES
STAKEHOLDER
STAKEHOLDERS
STAMP DUTY
STOCK COMPANIES
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCK MARKETS
STOCKS
TAKEOVERS
TENDER OFFER
TRADING SYSTEM
TRANSACTION COSTS
UNION
WEAK CORPORATE GOVERNANCE
spellingShingle ACCOUNTING STANDARDS
ACQUISITION
ACQUISITIONS
ADMINISTRATIVE JUDGMENT
ARTICLES OF ASSOCIATION
ARTICLES OF INCORPORATION
ASSET MANAGERS
AUDIT COMMITTEE
AUDITOR INDEPENDENCE
BANK OFFICE
BANKS
BENEFICIAL OWNER
BENEFICIAL OWNERS
BOARD ELECTIONS
BOARD MEETINGS
BOARD MEMBER
BOARD MEMBERS
BOARDS OF DIRECTORS
BONDS
BOURSE
BROKERAGE
BROKERAGE FIRM
BUSINESS CASE
BUSINESS ENTITIES
BUSINESS LAWS
CAPITAL MARKET
CAPITAL MARKET DEVELOPMENT
CAPITAL MARKETS
CAPITAL STRUCTURE
CENTRAL BANK
CENTRAL DEPOSITORY
CEO
CHAMBER OF COMMERCE
CHARTER
CHARTERS
CIVIL LAW COUNTRY
CIVIL LAW SYSTEMS
CODE OF CONDUCT
COMMERCIAL BANKS
COMMODITIES
COMPANY
COMPANY INFORMATION
COMPANY LAW
COMPANY LAWS
CONFLICT OF INTEREST
CONFLICT OF INTERESTS
CONFLICTS OF INTEREST
CONFLICTS OF INTERESTS
CONTROLLING SHAREHOLDER
CONTROLLING SHAREHOLDERS
CORPORATE ASSETS
CORPORATE BOARD
CORPORATE BODIES
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CODE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE FRAMEWORKS
CORPORATE GOVERNANCE PRINCIPLES
CORPORATE GOVERNANCE REFORM
CORPORATE GOVERNANCE REFORMS
CORPORATE GOVERNANCE STANDARDS
CORPORATE GOVERNANCE SURVEY
CORPORATION
COST OF CAPITAL
DISCLOSURE CONTROL
DISCLOSURE REQUIREMENTS
DISCLOSURE STANDARDS
DISPUTE RESOLUTION
DISTRIBUTION OF DIVIDENDS
DIVIDEND
DIVIDENDS
DUE DILIGENCE
DUTY OF CARE
DUTY OF LOYALTY
ECONOMIC DEVELOPMENT
ECONOMIC PERFORMANCE
EFFICIENT MARKETS
EMERGING MARKET
EMERGING MARKET COUNTRIES
EMERGING MARKETS
ENFORCEMENT OF CONTRACTS
EQUALITY
EQUITY MARKETS
EXPOSURES
FAMILY BUSINESS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DISCLOSURE
FINANCIAL INFORMATION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL MARKETS
FINANCIAL PERFORMANCE
FINANCIAL SECTOR
FINANCIAL STATEMENT
FINANCIAL STATEMENTS
FOREIGN STOCK
GOOD CORPORATE GOVERNANCE
GOOD GOVERNANCE
GOVERNANCE PRACTICE
GOVERNANCE PRACTICES
GOVERNMENT BUDGET
GROSS DOMESTIC PRODUCT
HARMONIZATION
INCOME
INCORPORATED
INDEPENDENT AUDIT
INDEPENDENT DIRECTOR
INDEPENDENT DIRECTORS
INDEPENDENT OVERSIGHT
INDIVIDUALS
INSIDER TRADING
INSTITUTIONAL INVESTORS
INSURANCE
INTERNAL CONTROL
INTERNAL CONTROLS
INVESTIGATION
INVESTOR CONFIDENCE
INVESTOR PROTECTION
JUDICIAL SYSTEM
JURISDICTION
LARGE COMPANIES
LEGAL FRAMEWORK
LEGAL SYSTEM
LIMITED
LIQUID MARKET
LIQUIDATION
MACROECONOMIC MANAGEMENT
MAJORITY SHAREHOLDER
MAJORITY VOTE
MANAGEMENT OVERSIGHT
MANAGERS
MARKET CAPITALIZATION
MARKET INFORMATION
MARKET INSTITUTIONS
MARKET MANIPULATION
MARKET PARTICIPANTS
MARKET SURVEILLANCE
MARKET TRANSPARENCY
MERGERS
MICROFINANCE
MINORITY SHAREHOLDER
MINORITY SHAREHOLDERS
NEGATIVE EQUITY
NUMBER OF SHAREHOLDERS
OWNERSHIP RIGHTS
OWNERSHIP STRUCTURES
PARTNERSHIP
PENSION
PENSION FUNDS
PERSONS
PORTFOLIO
PRIVATE COMPANIES
PRIVATE ENTITY
PRIVATE INVESTMENT
PRIVATE SECTOR DEVELOPMENT
PRIVATIZATION
PROPERTY RIGHTS
PROXY
PUBLIC LIMITED COMPANIES
PUBLIC LIMITED COMPANY
PUBLIC POLICY
RAPID GROWTH
REGULATORS
REGULATORY AUTHORITY
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY REFORM
REGULATORY REQUIREMENTS
REMOTE LOCATION
REPUTATION
RETIREMENT SAVINGS
RIGHTS OF SHAREHOLDERS
SECURITIES
SECURITIES LAW
SECURITIES LAWS
SECURITIES MARKET
SECURITIES MARKETS
SECURITIES REGULATOR
SHARE CAPITAL
SHARE OWNERSHIP
SHAREHOLDER
SHAREHOLDER AGREEMENTS
SHAREHOLDER APPROVAL
SHAREHOLDER MEETING
SHAREHOLDER MEETINGS
SHAREHOLDER RIGHTS
SHAREHOLDER VALUE
SHAREHOLDERS MEETING
SHAREHOLDERS RIGHTS
SINGLE VOTE
SOCIETIES
STAKEHOLDER
STAKEHOLDERS
STAMP DUTY
STOCK COMPANIES
STOCK EXCHANGE
STOCK EXCHANGES
STOCK MARKET
STOCK MARKETS
STOCKS
TAKEOVERS
TENDER OFFER
TRADING SYSTEM
TRANSACTION COSTS
UNION
WEAK CORPORATE GOVERNANCE
World Bank
Corporate Governance Country Assessment : Togo
geographic_facet Africa
Togo
description The purpose of this ROSC assessment of corporate governance in Togo is to help improve corporate governance in the country by assessing law and practice, suggesting reforms, and supporting the country in its effort to implement changes for better corporate governance. Corporate governance refers to the structures and processes for the direction and control of companies. Corporate governance concerns the relationships among the management, board of directors, controlling shareholders, minority shareholders and other stakeholders. This definition focuses on company performance and shareholder value. For emerging market countries, improving corporate governance can serve a number of important public policy objectives. Good corporate governance reduces emerging market vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak corporate governance frameworks reduce investor confidence, and can discourage outside investment. In state-owned enterprises (SOEs), good corporate governance could improve performance and social service, and lessen impact on state budget. Due to the small market size for listed securities in Togo, the scope of the present report is broadened to include a corporate governance assessment of non-listed public limited companies, SOEs, as well as private and state-owned banks (SOBs).
format Economic & Sector Work :: Corporate Governance Assessment (ROSC)
author World Bank
author_facet World Bank
author_sort World Bank
title Corporate Governance Country Assessment : Togo
title_short Corporate Governance Country Assessment : Togo
title_full Corporate Governance Country Assessment : Togo
title_fullStr Corporate Governance Country Assessment : Togo
title_full_unstemmed Corporate Governance Country Assessment : Togo
title_sort corporate governance country assessment : togo
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2009/03/20225954/togo-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20434
_version_ 1764445279035064320
spelling okr-10986-204342021-04-23T14:03:55Z Corporate Governance Country Assessment : Togo World Bank ACCOUNTING STANDARDS ACQUISITION ACQUISITIONS ADMINISTRATIVE JUDGMENT ARTICLES OF ASSOCIATION ARTICLES OF INCORPORATION ASSET MANAGERS AUDIT COMMITTEE AUDITOR INDEPENDENCE BANK OFFICE BANKS BENEFICIAL OWNER BENEFICIAL OWNERS BOARD ELECTIONS BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARDS OF DIRECTORS BONDS BOURSE BROKERAGE BROKERAGE FIRM BUSINESS CASE BUSINESS ENTITIES BUSINESS LAWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CAPITAL STRUCTURE CENTRAL BANK CENTRAL DEPOSITORY CEO CHAMBER OF COMMERCE CHARTER CHARTERS CIVIL LAW COUNTRY CIVIL LAW SYSTEMS CODE OF CONDUCT COMMERCIAL BANKS COMMODITIES COMPANY COMPANY INFORMATION COMPANY LAW COMPANY LAWS CONFLICT OF INTEREST CONFLICT OF INTERESTS CONFLICTS OF INTEREST CONFLICTS OF INTERESTS CONTROLLING SHAREHOLDER CONTROLLING SHAREHOLDERS CORPORATE ASSETS CORPORATE BOARD CORPORATE BODIES CORPORATE GOVERNANCE CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE FRAMEWORKS CORPORATE GOVERNANCE PRINCIPLES CORPORATE GOVERNANCE REFORM CORPORATE GOVERNANCE REFORMS CORPORATE GOVERNANCE STANDARDS CORPORATE GOVERNANCE SURVEY CORPORATION COST OF CAPITAL DISCLOSURE CONTROL DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DISPUTE RESOLUTION DISTRIBUTION OF DIVIDENDS DIVIDEND DIVIDENDS DUE DILIGENCE DUTY OF CARE DUTY OF LOYALTY ECONOMIC DEVELOPMENT ECONOMIC PERFORMANCE EFFICIENT MARKETS EMERGING MARKET EMERGING MARKET COUNTRIES EMERGING MARKETS ENFORCEMENT OF CONTRACTS EQUALITY EQUITY MARKETS EXPOSURES FAMILY BUSINESS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DISCLOSURE FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL STATEMENT FINANCIAL STATEMENTS FOREIGN STOCK GOOD CORPORATE GOVERNANCE GOOD GOVERNANCE GOVERNANCE PRACTICE GOVERNANCE PRACTICES GOVERNMENT BUDGET GROSS DOMESTIC PRODUCT HARMONIZATION INCOME INCORPORATED INDEPENDENT AUDIT INDEPENDENT DIRECTOR INDEPENDENT DIRECTORS INDEPENDENT OVERSIGHT INDIVIDUALS INSIDER TRADING INSTITUTIONAL INVESTORS INSURANCE INTERNAL CONTROL INTERNAL CONTROLS INVESTIGATION INVESTOR CONFIDENCE INVESTOR PROTECTION JUDICIAL SYSTEM JURISDICTION LARGE COMPANIES LEGAL FRAMEWORK LEGAL SYSTEM LIMITED LIQUID MARKET LIQUIDATION MACROECONOMIC MANAGEMENT MAJORITY SHAREHOLDER MAJORITY VOTE MANAGEMENT OVERSIGHT MANAGERS MARKET CAPITALIZATION MARKET INFORMATION MARKET INSTITUTIONS MARKET MANIPULATION MARKET PARTICIPANTS MARKET SURVEILLANCE MARKET TRANSPARENCY MERGERS MICROFINANCE MINORITY SHAREHOLDER MINORITY SHAREHOLDERS NEGATIVE EQUITY NUMBER OF SHAREHOLDERS OWNERSHIP RIGHTS OWNERSHIP STRUCTURES PARTNERSHIP PENSION PENSION FUNDS PERSONS PORTFOLIO PRIVATE COMPANIES PRIVATE ENTITY PRIVATE INVESTMENT PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PROPERTY RIGHTS PROXY PUBLIC LIMITED COMPANIES PUBLIC LIMITED COMPANY PUBLIC POLICY RAPID GROWTH REGULATORS REGULATORY AUTHORITY REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY REFORM REGULATORY REQUIREMENTS REMOTE LOCATION REPUTATION RETIREMENT SAVINGS RIGHTS OF SHAREHOLDERS SECURITIES SECURITIES LAW SECURITIES LAWS SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATOR SHARE CAPITAL SHARE OWNERSHIP SHAREHOLDER SHAREHOLDER AGREEMENTS SHAREHOLDER APPROVAL SHAREHOLDER MEETING SHAREHOLDER MEETINGS SHAREHOLDER RIGHTS SHAREHOLDER VALUE SHAREHOLDERS MEETING SHAREHOLDERS RIGHTS SINGLE VOTE SOCIETIES STAKEHOLDER STAKEHOLDERS STAMP DUTY STOCK COMPANIES STOCK EXCHANGE STOCK EXCHANGES STOCK MARKET STOCK MARKETS STOCKS TAKEOVERS TENDER OFFER TRADING SYSTEM TRANSACTION COSTS UNION WEAK CORPORATE GOVERNANCE The purpose of this ROSC assessment of corporate governance in Togo is to help improve corporate governance in the country by assessing law and practice, suggesting reforms, and supporting the country in its effort to implement changes for better corporate governance. Corporate governance refers to the structures and processes for the direction and control of companies. Corporate governance concerns the relationships among the management, board of directors, controlling shareholders, minority shareholders and other stakeholders. This definition focuses on company performance and shareholder value. For emerging market countries, improving corporate governance can serve a number of important public policy objectives. Good corporate governance reduces emerging market vulnerability to financial crises, reinforces property rights, reduces transaction costs and the cost of capital, and leads to capital market development. Weak corporate governance frameworks reduce investor confidence, and can discourage outside investment. In state-owned enterprises (SOEs), good corporate governance could improve performance and social service, and lessen impact on state budget. Due to the small market size for listed securities in Togo, the scope of the present report is broadened to include a corporate governance assessment of non-listed public limited companies, SOEs, as well as private and state-owned banks (SOBs). 2014-10-15T16:46:01Z 2014-10-15T16:46:01Z 2009-03 http://documents.worldbank.org/curated/en/2009/03/20225954/togo-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/20434 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Africa Togo