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

Learn more about IFC's Corporate Governance Methodology

Development Reach

IFC’S CORPORATE GOVERNANCE IN NUMBERS:

  • $11BILLION IN FINANCING FACILITATED
    DUE TO IMPROVED CG PRACTICES, $1.9 BILLION FROM IFC
  • 16000+ FIRMS REACHED and 1300+ FIRMS REPORTING IMPROVED CG PRACTICES
  • 35 DFIS HAVE ADOPTED THE CG DEVELOPMENT FRAMEWORK
  • 133 LAWS, REGULATIONS AND CODES
    ADOPTED OR IMPROVED
  • 98 PARTNER INTERMEDIARIES NOW PROMOTE CG AND PROVIDE CG TRAINING AND OTHER SERVICES FOR FEES

IFC works with firms to attract and retain investment by promoting the adoption of good corporate governance practices and standards. More