Monitoring and Implementing Corporate Governance Codes: Best Practices for Listed Companies, Banks, and Financial Institutions
Eurasia Regional Workshop #3, February 8-9, 2011, Baku, Azerbaijan
In recent years many countries have adopted corporate governance codes of best practice to restore and promote investor confidence, foster reform efforts, and provide companies with a benchmark for their governance policies. To accelerate this process in the Eurasia region and to help build technical capacity to satisfy the rising demand for advisory services in this field, the Forum, in partnership with IFC Advisory Services, is supporting a series of high-level technical workshops for Eurasia region on the development and implementation of corporate governance codes.
The first regional workshop was held in January 2009 and focused on the rationale and case for adopting corporate governance codes. It was followed by a second workshop in November 2009 on drafting and developing corporate governance codes. The third regional workshop was held in February 8-9, 2011, in Baku, with focus on revision and monitoring of corporate governance code implementation.
This workshop was designed for senior representatives of banking and securities regulators, capital market associations, government institutions and other stakeholders in CG Codes development and implementation. The issues discussed included how to promote the Code to companies, what are efficient tools for implementation of CG Codes, and how to monitor and measure the impact of the Code.
IFC Azerbaijan Corporate Governance Project and the Forum's activities in Azerbaijan are funded by the Swiss Governments' State Secretariat for Economic Affairs.