One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
The Azerbaijan Corporate Governance Project (ACGP) worked to improve corporate governance practices in Azerbaijani companies and commercial banks, and to strengthen the relevant regulatory framework for corporate governance. The project achieved st...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/646111480589482955/One-IFC-in-practice-the-example-of-the-Azerbaijan-Corporate-Governance-Project http://hdl.handle.net/10986/25708 |
| Summary: | The Azerbaijan Corporate Governance
Project (ACGP) worked to improve corporate governance
practices in Azerbaijani companies and commercial banks, and
to strengthen the relevant regulatory framework for
corporate governance. The project achieved strong
development impact and is an example of how the work that
the advisory services business lines do can lead to an
investment opportunity for International Finance Corporation
(IFC). It is also an excellent example of the strength in
leveraging global-local partnerships, and of a collaborative
use of different advisory services products. Covering the
full spectrum of corporate governance services offered by
IFC, in many ways the model of joint work under this project
has been used in designing and implementing future corporate
governance projects. Every success comes through overcoming
certain challenges, and this project was no exception. The
authors were working in a situation where one donor funded
two separate corporate governance projects in one country.
In this smart lesson the authors share the lessons that we
learned in finding solutions in order to work together
efficiently, including several parts of IFC working with one
particular client company. For more publications on IFC
Sustainability please visit www.ifc.org/sustainabilitypublications. |
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