With IFC’s support, seven companies from across the Europe and Central Asia region and industry spectrum embark on various corporate governance improvement efforts linked to their unique circumstances and market conditions.
The Latin America and the Caribbean Corporate Governance projects promote better governance practices by assisting firms in improving their performance and sustainability, allowing them to serve as an engine for economic growth and job creation.
This year’s conference was particularly important both for its diverse and numerous attendance and for the high added value it provided to the staff of the hosting institution, who are now better equipped to implement CG in their daily work.
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.