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Corporate Governance

What is...

What Is Corporate Governance? The Case for Corporate Governance

Publications

»Self-Dealing: Sneaking Value Through the Back Door (PDF Document)
»Improving the Corporate Governance of State-Owned Enterprises (SOEs) (PDF Document)
»Held by the Visible Hand: The Challenge of SOE Corporate Governance for Emerging Markets (PDF Document)
»Doing Privatization Right: What It Takes to Maximize Gains in Low-Income Countries (PDF Document)
»Privatization Trends: A Record Year in 2006 (PDF Document)
Corporate GovernanceThe 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.



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