Overview
Corporate governance is defined as the structures and processes by which companies are directed and controlled.
Good corporate governance helps companies operate more efficiently, improve access to capital, mitigate risk, and safeguard against mismanagement. It makes companies more accountable and transparent to investors and gives them the tools to respond to stakeholder concerns.
Corporate governance also contributes to development. Increased access to capital encourages new investments, boosts economic growth, and provides employment opportunities.
IFC works with firms to attract and retain investment by promoting the adoption of good corporate governance practices and standards.
Learn more about IFC's work in Corporate Governance
Development Reach
IFC’S CORPORATE GOVERNANCE IN NUMBERS:
-
$7.6BILLION
IN FINANCING FACILITATED
DUE TO IMPROVED CG PRACTICES -
1,200+
ENTITIES HAVE IMPROVED THEIR CG
PRACTICES DUE TO IFC ADVICE - 35 DFIS HAVE ADOPTED THE CG DEVELOPMENT FRAMEWORK
-
121
LAWS, REGULATIONS AND CODES
ADOPTED - 110 THOUSAND+ PARTICIPANTS TRAINED AT CG EVENTS, OF WHOM 30,000+ WERE WOMEN
IFC works with firms to attract and retain investment by promoting the adoption of good corporate governance practices and standards. More
