This survey of corporate governance practices in Mongolia is intended to be a baseline survey to establish a starting point and is expected to create awareness of and increase knowledge of corporate governance in Mongolia.
IFC announced the launch of the African Corporate Governance Network. It will encourage best practices in corporate governance among African institutions, and contribute to capacity building in 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. Good corporate governance contributes to sustainable economic development by enhancing the performance of companies and increasing their access to outside capital.