Corporate Governance Country Assessment : Malawi

This ROSC assessment of corporate governance in Malawi benchmarks law and practice against the Organization for Economic Cooperation and Development (OECD) Principles of Corporate Governance and covers public interest entities (including public lim...

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Main Author: World Bank
Format: Corporate Governance Assessment (ROSC)
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/06/20226710/malawi-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20452
id okr-10986-20452
recordtype oai_dc
spelling okr-10986-204522021-04-23T14:03:55Z Corporate Governance Country Assessment : Malawi World Bank ACCOUNTING AUDITING BUSINESS ENVIRONMENT CORPORATE GOVERNANCE DEBT RELIEF DOMESTIC AND FOREIGN INVESTMENT FINANCIAL REPORTING PUBLIC INTEREST ENTITIES This ROSC assessment of corporate governance in Malawi benchmarks law and practice against the Organization for Economic Cooperation and Development (OECD) Principles of Corporate Governance and covers public interest entities (including public limited companies, financial institutions, and parastatal companies) with special focus on the companies listed on the MSE. This report should be read in conjunction with the Accounting and Auditing ROSC Malawi, which reviews issues related to accounting, auditing, and financial reporting in more detail. Growth in 2006 has been estimated at 6.5 percent. Inflation and bank lending rates have declined significantly over the past few years. Malawi qualified for debt relief under the World Bank s Heavily Indebted Poor Countries (HIPC) initiative in 2006. The business environment has improved, and the private sector is optimistic about the future; the Malawi Business Survey 2006 conducted by the Malawi Confederation of the Chambers of Commerce and Industry (MCCI) rated the business environment good to very good with better expectations in the next 12 months. The Malawi Growth and Development Strategy (MGDS) 2006-2011 sets a future growth target of more than 6 percent annually for the five-year period, which will increase per capita income to US$450 by the end of 2011. For this purpose, Malawi is seeking to increase domestic and foreign investment. 2014-10-16T18:33:51Z 2014-10-16T18:33:51Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/20226710/malawi-report-observance-standards-codes-rosc-corporate-governance-country-assessment http://hdl.handle.net/10986/20452 English en_US Report on the Observance of Standards and Codes (ROSC); CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Economic & Sector Work Africa Malawi
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
AUDITING
BUSINESS ENVIRONMENT
CORPORATE GOVERNANCE
DEBT RELIEF
DOMESTIC AND FOREIGN INVESTMENT
FINANCIAL REPORTING
PUBLIC INTEREST ENTITIES
spellingShingle ACCOUNTING
AUDITING
BUSINESS ENVIRONMENT
CORPORATE GOVERNANCE
DEBT RELIEF
DOMESTIC AND FOREIGN INVESTMENT
FINANCIAL REPORTING
PUBLIC INTEREST ENTITIES
World Bank
Corporate Governance Country Assessment : Malawi
geographic_facet Africa
Malawi
relation Report on the Observance of Standards and Codes (ROSC);
description This ROSC assessment of corporate governance in Malawi benchmarks law and practice against the Organization for Economic Cooperation and Development (OECD) Principles of Corporate Governance and covers public interest entities (including public limited companies, financial institutions, and parastatal companies) with special focus on the companies listed on the MSE. This report should be read in conjunction with the Accounting and Auditing ROSC Malawi, which reviews issues related to accounting, auditing, and financial reporting in more detail. Growth in 2006 has been estimated at 6.5 percent. Inflation and bank lending rates have declined significantly over the past few years. Malawi qualified for debt relief under the World Bank s Heavily Indebted Poor Countries (HIPC) initiative in 2006. The business environment has improved, and the private sector is optimistic about the future; the Malawi Business Survey 2006 conducted by the Malawi Confederation of the Chambers of Commerce and Industry (MCCI) rated the business environment good to very good with better expectations in the next 12 months. The Malawi Growth and Development Strategy (MGDS) 2006-2011 sets a future growth target of more than 6 percent annually for the five-year period, which will increase per capita income to US$450 by the end of 2011. For this purpose, Malawi is seeking to increase domestic and foreign investment.
format Economic & Sector Work :: Corporate Governance Assessment (ROSC)
author World Bank
author_facet World Bank
author_sort World Bank
title Corporate Governance Country Assessment : Malawi
title_short Corporate Governance Country Assessment : Malawi
title_full Corporate Governance Country Assessment : Malawi
title_fullStr Corporate Governance Country Assessment : Malawi
title_full_unstemmed Corporate Governance Country Assessment : Malawi
title_sort corporate governance country assessment : malawi
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2007/06/20226710/malawi-report-observance-standards-codes-rosc-corporate-governance-country-assessment
http://hdl.handle.net/10986/20452
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