SME Governance Guidebook
Small and medium enterprises (SMEs) share distinctive challenges that require specific governance practices. This guidebook presents a tailored governance framework with structures, policies, and practices that mitigate the risks and support sustai...
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| Format: | Handbook |
| Language: | English |
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International Finance Corporation, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/594351582262788634/SME-Governance-Guidebook http://hdl.handle.net/10986/33404 |
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okr-10986-334042021-05-25T09:33:06Z SME Governance Guidebook International Finance Corporation SMALL AND MEDIUM ENTERPRISES CORPORATE GOVERNANCE MICROFINANCE SME FINANCE ORGANIZATIONAL MANAGEMENT BOARD OF DIRECTORS ADVISORY BOARD INTERNAL AUDIT DISCLOURE TRANSPARENCY SHAREHOLDER PROTECTION DISPUTE RESOLUTION Small and medium enterprises (SMEs) share distinctive challenges that require specific governance practices. This guidebook presents a tailored governance framework with structures, policies, and practices that mitigate the risks and support sustainable growth of business while recognizing the resource constraints typical of SMEs. The objective of this guidebook is to help SME entrepreneurs and their investors develop a highly tailored governance improvement plan to support sustainable growth of their companies. The SME governance methodology in this guidebook represents a governance innovation by tailoring specific recommendations to the evolutionary stages of SME growth: stage one: start-up; stage two: active growth; stage three: organizational development; and stage four: business expansion. This guidebook provides an international perspective - focusing on characteristics that are common to small and midsize businesses in many different countries. Guidebook is structured as follows: chapter one, SME governance: what is it? why is it important? explains what corporate governance is and how it differs for SMEs. Chapter two, SME governance framework defines the stages of growth for SMEs as well as governance-related risks and opportunities associated with each stage. Chapter three, key governance topics and leading practices takes a deep dive into select governance concepts and practices for each of the five governance topics. Appendix, SME governance action planning tool distills the key recommendations of the SME guidebook and presents them in the form of worksheets to help identify high-priority actions appropriate to your SME’s stage of growth. 2020-03-03T17:24:50Z 2020-03-03T17:24:50Z 2019-01 Handbook http://documents.worldbank.org/curated/en/594351582262788634/SME-Governance-Guidebook http://hdl.handle.net/10986/33404 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 Publications & Research Publications & Research :: Working Paper |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
SMALL AND MEDIUM ENTERPRISES CORPORATE GOVERNANCE MICROFINANCE SME FINANCE ORGANIZATIONAL MANAGEMENT BOARD OF DIRECTORS ADVISORY BOARD INTERNAL AUDIT DISCLOURE TRANSPARENCY SHAREHOLDER PROTECTION DISPUTE RESOLUTION |
| spellingShingle |
SMALL AND MEDIUM ENTERPRISES CORPORATE GOVERNANCE MICROFINANCE SME FINANCE ORGANIZATIONAL MANAGEMENT BOARD OF DIRECTORS ADVISORY BOARD INTERNAL AUDIT DISCLOURE TRANSPARENCY SHAREHOLDER PROTECTION DISPUTE RESOLUTION International Finance Corporation SME Governance Guidebook |
| description |
Small and medium enterprises (SMEs)
share distinctive challenges that require specific
governance practices. This guidebook presents a tailored
governance framework with structures, policies, and
practices that mitigate the risks and support sustainable
growth of business while recognizing the resource
constraints typical of SMEs. The objective of this guidebook
is to help SME entrepreneurs and their investors develop a
highly tailored governance improvement plan to support
sustainable growth of their companies. The SME governance
methodology in this guidebook represents a governance
innovation by tailoring specific recommendations to the
evolutionary stages of SME growth: stage one: start-up;
stage two: active growth; stage three: organizational
development; and stage four: business expansion. This
guidebook provides an international perspective - focusing
on characteristics that are common to small and midsize
businesses in many different countries. Guidebook is
structured as follows: chapter one, SME governance: what is
it? why is it important? explains what corporate governance
is and how it differs for SMEs. Chapter two, SME governance
framework defines the stages of growth for SMEs as well as
governance-related risks and opportunities associated with
each stage. Chapter three, key governance topics and leading
practices takes a deep dive into select governance concepts
and practices for each of the five governance topics.
Appendix, SME governance action planning tool distills the
key recommendations of the SME guidebook and presents them
in the form of worksheets to help identify high-priority
actions appropriate to your SME’s stage of growth. |
| format |
Handbook |
| author |
International Finance Corporation |
| author_facet |
International Finance Corporation |
| author_sort |
International Finance Corporation |
| title |
SME Governance Guidebook |
| title_short |
SME Governance Guidebook |
| title_full |
SME Governance Guidebook |
| title_fullStr |
SME Governance Guidebook |
| title_full_unstemmed |
SME Governance Guidebook |
| title_sort |
sme governance guidebook |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/594351582262788634/SME-Governance-Guidebook http://hdl.handle.net/10986/33404 |
| _version_ |
1764478682466877440 |