This publication has been produced in collaboration with the European Confederation of Directors’ Associations (ecoDa) primarily aimed at ecoDa’s membership and for supporting IFC’s work in surrounding regions with countries aspiring to understand and follow rules, standards and practices applied in the EU countries but which may be of wider relevance and interest to practitioners, policy makers, development finance institutions, investors, board directors, business reporters, and others.
El buen Gobierno Corporativo hace que las empresas sean más fuertes, más eficientes y más responsables. Las buenas prácticas y estructuras de Gobierno Corporativo ayudan a las empresas a mitigar riesgos, a protegerse contra una
mala administración y a atraer inversiones y capital — brindándoles así ímpetu para el crecimiento.
Publish Date: 3/20/15
This publication focuses on directorship and leadership skills in the boardroom. Written as a a novel, it describes the learning journey of a fictional nominee director Carla. Although the main character is fictional, the events and experiences are based on real-life examples, documented in the annual meeting records of the IFC’s Network of Nominee Directors and other events over the last 10 years.
In our 17th issue you will find the latest research papers, opinions pieces, news and upcoming events. We also feature an interview with Prof. Randall Morck, who highlights the importance of reducing systemic corruption and improving adherence to the rule of law.
Private Sector Opinion 35: A company in distress demands special attention from its board of directors to help steer the enterprise into calmer waters. In addition, in such turbulent times, the board and its fiduciary duties are often put to test by disgruntled shareholders and creditors looking to recover their investments or loans.
Publish Date: 1/29/15
This paper describes key steps that boards can take to mitigate the impact of disputes—and, even better, to minimize the risk of disputes arising in the first place. It deals with the board as a collective body that needs to cultivate its ability to manage disputes effectively—starting by establishing good corporate governance policies and practices.
This publication focuses on the governance of the subsidiaries of banking groups, with particular emphasis on cross-border bank subsidiaries. It encourages supervisors to adapt their approaches to fit market realities and to be more aware of the incentives for good governance. It also emphasizes the importance of proportionate and risk-driven approaches to supervision.
This is a Ukranian translation of the IFC Family Business Governance Handbook, which is a concise and practical description of essential family business governance components and suggested approaches to resolving common family business governance dilemmas.
Publish Date: 10/27/14
This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It covers the key elements of corporate governance, including legal and regulatory framework, state ownership arrangements, performance management systems, financial and fiscal discipline, boards of directors, transparency and disclosure, and protection of shareholders in mixed ownership companies.
Publish Date: 10/4/14
The 16th issue features an interview with Professor Igor Filatotchev from Sir John Cass Business School, City University in London. Prof. Filatotchev highlights the importance of corporate governance in attracting foreign investors. The 5th International Conference on Corporate Governance in Emerging Markets will be held on August 28-29, 2015 at the Stellenbosch Institute for Advanced Studies in Stellenbosch, South Africa.
Publish Date: 10/2/14
This paper provides an account of the Emerging Markets Corporate Governance Research Network (EMCGN) and its first 10 years of activities. It describes the history of the EMCGN, its objectives, structure, and modalities.
A joint project of Centre for Effective Dispute Resolution and the Corporate Governance Group of the IFC explores the causes, nature, and methods of resolving corporate governance disputes. As part of this project, CEDR and IFC carried out a global survey of 191 directors and board members (including IFC Nominee Directors and members of the Private Sector Advisory Group) to find out about their experiences with and attitudes toward boardroom disputes.
Codes and Scorecards encourage private sector commitment to good corporate governance, provide clearer guidance for financial and nonfinancial disclosure, foster better engagement of minority shareholders, and clarify the roles of managers and directors. They provide a way to assess companies’ governance practices and providing opportunities for systematic improvement.
Publish Date: 5/30/14
This publication is a supplement to IFC’s Toolkit 2: Developing Corporate Governance Codes of Best Practice and it provides practical guidance and a step-by step approach on how to develop a corporate governance scorecard.
Publish Date: 5/30/14