Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment
This report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual p...
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Washington, DC: World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099255006122222665/P1695430ad47ef0860b13f0120e7715aa67 http://hdl.handle.net/10986/37572 |
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okr-10986-375722022-07-20T05:10:44Z Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment World Bank CORPORATE GOVERNANCE CG REPORT ON THE OBSERVANCE OF STANDARDS AND CODES ROSC PUBLIC INTEREST ENTITIES This report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual practices, makes policy recommendations, and provides investors with a benchmark against which to measure CG in Georgia. The report focuses on the governance of public interest entities (PIEs), which in Georgia are defined by law to include listed companies, banks, and state-owned enterprises (SOEs). The report draws on several sources of data, including a detailed country assessment completed by Dentons Georgia LLC, that covered both the legal framework and CG practices. Recommendations draw on a range of internationally recognized standards, guidelines, and practices, and the latest available research produced by the World Bank and others. The report also uses the policies and practices outlined in the World Bank’s integrated SOE framework (iSOEF) and toolkit on CF of SOE, for the assessment of SOE governance frameworks and practices. This report offers a comprehensive assessment of the existing CG policies and practices in Georgia, and suggests policy recommendations for consideration, which are summarized in a sequenced action plan. The report and its recommendations are tailored to the country’s context and its current development stage and reflect the recent improvements to the legal and regulatory environment. 2022-06-18T20:01:15Z 2022-06-18T20:01:15Z 2021-11-30 Report http://documents.worldbank.org/curated/en/099255006122222665/P1695430ad47ef0860b13f0120e7715aa67 http://hdl.handle.net/10986/37572 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Report Publications & Research Europe and Central Asia Georgia |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
CORPORATE GOVERNANCE CG REPORT ON THE OBSERVANCE OF STANDARDS AND CODES ROSC PUBLIC INTEREST ENTITIES |
| spellingShingle |
CORPORATE GOVERNANCE CG REPORT ON THE OBSERVANCE OF STANDARDS AND CODES ROSC PUBLIC INTEREST ENTITIES World Bank Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
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Europe and Central Asia Georgia |
| description |
This report assesses the Republic of
Georgia’s corporate governance (CG) policy framework, as it
stands in December 2021. The report on the observance of
standards and codes (ROSC) highlights recent improvements in
CG regulations, assesses actual practices, makes policy
recommendations, and provides investors with a benchmark
against which to measure CG in Georgia. The report focuses
on the governance of public interest entities (PIEs), which
in Georgia are defined by law to include listed companies,
banks, and state-owned enterprises (SOEs). The report draws
on several sources of data, including a detailed country
assessment completed by Dentons Georgia LLC, that covered
both the legal framework and CG practices. Recommendations
draw on a range of internationally recognized standards,
guidelines, and practices, and the latest available research
produced by the World Bank and others. The report also uses
the policies and practices outlined in the World Bank’s
integrated SOE framework (iSOEF) and toolkit on CF of SOE,
for the assessment of SOE governance frameworks and
practices. This report offers a comprehensive assessment of
the existing CG policies and practices in Georgia, and
suggests policy recommendations for consideration, which are
summarized in a sequenced action plan. The report and its
recommendations are tailored to the country’s context and
its current development stage and reflect the recent
improvements to the legal and regulatory environment. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
| title_short |
Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
| title_full |
Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
| title_fullStr |
Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
| title_full_unstemmed |
Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment |
| title_sort |
georgia - report on the observance of standards and codes : corporate governance country assessment |
| publisher |
Washington, DC: World Bank |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/099255006122222665/P1695430ad47ef0860b13f0120e7715aa67 http://hdl.handle.net/10986/37572 |
| _version_ |
1764487469636517888 |