From Companies to Markets : Global Developments in Corporate Governance

Good corporate governance is a basic element for healthy companies and a key to sustainable private sector development. Strong governance fundamentals contribute to better management and more effective boards, leading to enhanced operational effici...

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Main Author: International Finance Corporation
Format: Report
Language:English
Published: International Finance Corporation, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/260541503552820094/From-Companies-to-Markets-Global-Developments-in-Corporate-Governance
http://hdl.handle.net/10986/31759
id okr-10986-31759
recordtype oai_dc
spelling okr-10986-317592021-05-25T09:24:05Z From Companies to Markets : Global Developments in Corporate Governance International Finance Corporation CORPORATE GOVERNANCE BOARD EFFECTIVENESS RISK MANAGEMENT TRANSPARENCY DISCLOSURE STAKEHOLDER RIGHTS GOVERNANCE CODE SUSTAINABLE DEVELOPMENT Good corporate governance is a basic element for healthy companies and a key to sustainable private sector development. Strong governance fundamentals contribute to better management and more effective boards, leading to enhanced operational efficiency, reduced risk, improved decision making, and increased valuations, among other business benefits. This publication represents a unique collaborative effort to assess the state of corporate governance around the world in the wake of the 2008 global financial crisis. It draws on the expertise of the IFC Corporate Governance Private Sector Advisory Group and other practitioners in this important field, providing a fascinating and detailed accounting of the range of changes that have taken place in the past few years as the corporate governance agenda has been elevated. The report highlights notable improvements in board practices, control environment, shareholder protection, and transparency and disclosure. It also points to progress on more effective application, monitoring, and enforcement of corporate governance codes. Importantly, the publication identifies future directions where more work is needed, such as increased commitment at the national level to prioritize the corporate governance agenda. Specifically, Part A discusses developments from global or regional groups involved in corporate governance. Part B addresses developments in corporate governance practice, and Part C looks at developments in corporate governance codes and standards. 2019-05-31T19:56:39Z 2019-05-31T19:56:39Z 2016-04 Report http://documents.worldbank.org/curated/en/260541503552820094/From-Companies-to-Markets-Global-Developments-in-Corporate-Governance http://hdl.handle.net/10986/31759 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Economic & Sector Work :: Corporate Governance Assessment Economic & Sector Work
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CORPORATE GOVERNANCE
BOARD EFFECTIVENESS
RISK MANAGEMENT
TRANSPARENCY
DISCLOSURE
STAKEHOLDER RIGHTS
GOVERNANCE CODE
SUSTAINABLE DEVELOPMENT
spellingShingle CORPORATE GOVERNANCE
BOARD EFFECTIVENESS
RISK MANAGEMENT
TRANSPARENCY
DISCLOSURE
STAKEHOLDER RIGHTS
GOVERNANCE CODE
SUSTAINABLE DEVELOPMENT
International Finance Corporation
From Companies to Markets : Global Developments in Corporate Governance
description Good corporate governance is a basic element for healthy companies and a key to sustainable private sector development. Strong governance fundamentals contribute to better management and more effective boards, leading to enhanced operational efficiency, reduced risk, improved decision making, and increased valuations, among other business benefits. This publication represents a unique collaborative effort to assess the state of corporate governance around the world in the wake of the 2008 global financial crisis. It draws on the expertise of the IFC Corporate Governance Private Sector Advisory Group and other practitioners in this important field, providing a fascinating and detailed accounting of the range of changes that have taken place in the past few years as the corporate governance agenda has been elevated. The report highlights notable improvements in board practices, control environment, shareholder protection, and transparency and disclosure. It also points to progress on more effective application, monitoring, and enforcement of corporate governance codes. Importantly, the publication identifies future directions where more work is needed, such as increased commitment at the national level to prioritize the corporate governance agenda. Specifically, Part A discusses developments from global or regional groups involved in corporate governance. Part B addresses developments in corporate governance practice, and Part C looks at developments in corporate governance codes and standards.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title From Companies to Markets : Global Developments in Corporate Governance
title_short From Companies to Markets : Global Developments in Corporate Governance
title_full From Companies to Markets : Global Developments in Corporate Governance
title_fullStr From Companies to Markets : Global Developments in Corporate Governance
title_full_unstemmed From Companies to Markets : Global Developments in Corporate Governance
title_sort from companies to markets : global developments in corporate governance
publisher International Finance Corporation, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/260541503552820094/From-Companies-to-Markets-Global-Developments-in-Corporate-Governance
http://hdl.handle.net/10986/31759
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