|
Corporate Governance
|
 |
 |
The group provides policy advice on corporate governance for listed companies, state-owned enterprises, and financial institutions.
Work of the World Bank Corporate Governance Group The group’s work is focused on the following types of companies: - Listed companies. The group is the official assessor of the OECD Principles of Corporate Governance. The World Bank conducts corporate governance country assessments under the ROSC initiative. Each corporate governance ROSC assessment reviews a country’s legal and regulatory framework, as well as the practices and compliance of its listed firms, and assesses the framework relative to the OECD Principles.
- State-owned enterprises. The group reviews the corporate governance of SOEs and helps governments to increase their capacity to act as owners of companies. The group also maintains a database on privatization transactions of at least US$1 million in developing countries.
- Financial sector. The Group has developed a set of tools for reviewing financial institution governance. These reviews focus on a detailed assessment of the governance of risk management within the sector. Reports are prepared for the regulatory authorities that indicate strengths and weaknesses in law, regulation, and especially practice.
|
|
|