Global Corporate Governance Forum supported Brazilian Institute of Corporate Governance's collaboration project with Mozambique. The project evolved into a long-term partnership and provided valuable lessons on how to make such collaboration work.
The research "Women on Corporate Boards in Bosnia and Herzegovina, FYR Macedonia and Serbia" sheds light on the representation of women on corporate boards and analyzes the determinants of female board membership in these countries.
During the last year IFC has ramped up its corporate governance training for smaller businesses in the Middle East and North Africa, part of an effort to spur economic development in the post-Arab Spring.
IFC hosted a Corporate Governance conference in Port au Prince aimed at helping Haitian firms and family-owned businesses develop sound corporate governance practices to operate more efficiently and improve their access to capital.
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.