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...

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Main Authors: Bright, Caroline, Germanova, Ralitza
Format: Brief
Language:English
en_US
Published: International Finance Corporation, Washington, DC 2016
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
id okr-10986-25708
recordtype oai_dc
spelling okr-10986-257082021-04-23T14:04:31Z One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project Bright, Caroline Germanova, Ralitza CEO COMMERCIAL BANKS COMPANY COMPLIANCE OFFICERS CORPORATE GOVERNANCE CORPORATE GOVERNANCE CODE CORPORATE GOVERNANCE CODES CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE SYSTEM CREDIT RISK DIVIDEND DIVIDEND POLICY ECONOMIC DEVELOPMENT ENTRY POINT FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MARKETS GLOBAL CORPORATE GOVERNANCE GOVERNANCE PRACTICES INCORPORATED INDIVIDUALS INSTITUTIONAL CAPACITY INTERNATIONAL BEST PRACTICES INTERNATIONAL CORPORATE GOVERNANCE INVESTMENT CLIMATE INVESTMENT OPPORTUNITY INVESTOR PROTECTION LAWS LEADERSHIP TRAINING LEGISLATIVE ENVIRONMENT LEGISLATIVE REFORM LOCAL INSTITUTIONS MANAGERS NONPERFORMING LOANS PARTNERSHIP PEER REVIEW REGULATORY FRAMEWORK REPRESENTATIVES RISK MANAGEMENT RISK MANAGEMENT PRACTICES SHAREHOLDERS SMALL BUSINESSES SMALL ENTREPRENEURS STAKEHOLDERS 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. 2016-12-12T19:53:52Z 2016-12-12T19:53:52Z 2012-05 Brief 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 English en_US IFC SmartLessons; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief Europe and Central Asia Azerbaijan
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CEO
COMMERCIAL BANKS
COMPANY
COMPLIANCE OFFICERS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CODE
CORPORATE GOVERNANCE CODES
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE SYSTEM
CREDIT RISK
DIVIDEND
DIVIDEND POLICY
ECONOMIC DEVELOPMENT
ENTRY POINT
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
GLOBAL CORPORATE GOVERNANCE
GOVERNANCE PRACTICES
INCORPORATED
INDIVIDUALS
INSTITUTIONAL CAPACITY
INTERNATIONAL BEST PRACTICES
INTERNATIONAL CORPORATE GOVERNANCE
INVESTMENT CLIMATE
INVESTMENT OPPORTUNITY
INVESTOR PROTECTION
LAWS
LEADERSHIP TRAINING
LEGISLATIVE ENVIRONMENT
LEGISLATIVE REFORM
LOCAL INSTITUTIONS
MANAGERS
NONPERFORMING LOANS
PARTNERSHIP
PEER REVIEW
REGULATORY FRAMEWORK
REPRESENTATIVES
RISK MANAGEMENT
RISK MANAGEMENT PRACTICES
SHAREHOLDERS
SMALL BUSINESSES
SMALL ENTREPRENEURS
STAKEHOLDERS
spellingShingle CEO
COMMERCIAL BANKS
COMPANY
COMPLIANCE OFFICERS
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE CODE
CORPORATE GOVERNANCE CODES
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE SYSTEM
CREDIT RISK
DIVIDEND
DIVIDEND POLICY
ECONOMIC DEVELOPMENT
ENTRY POINT
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
GLOBAL CORPORATE GOVERNANCE
GOVERNANCE PRACTICES
INCORPORATED
INDIVIDUALS
INSTITUTIONAL CAPACITY
INTERNATIONAL BEST PRACTICES
INTERNATIONAL CORPORATE GOVERNANCE
INVESTMENT CLIMATE
INVESTMENT OPPORTUNITY
INVESTOR PROTECTION
LAWS
LEADERSHIP TRAINING
LEGISLATIVE ENVIRONMENT
LEGISLATIVE REFORM
LOCAL INSTITUTIONS
MANAGERS
NONPERFORMING LOANS
PARTNERSHIP
PEER REVIEW
REGULATORY FRAMEWORK
REPRESENTATIVES
RISK MANAGEMENT
RISK MANAGEMENT PRACTICES
SHAREHOLDERS
SMALL BUSINESSES
SMALL ENTREPRENEURS
STAKEHOLDERS
Bright, Caroline
Germanova, Ralitza
One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
geographic_facet Europe and Central Asia
Azerbaijan
relation IFC SmartLessons;
description 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.
format Brief
author Bright, Caroline
Germanova, Ralitza
author_facet Bright, Caroline
Germanova, Ralitza
author_sort Bright, Caroline
title One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
title_short One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
title_full One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
title_fullStr One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
title_full_unstemmed One IFC in Practice : The Example of the Azerbaijan Corporate Governance Project
title_sort one ifc in practice : the example of the azerbaijan corporate governance project
publisher International Finance Corporation, Washington, DC
publishDate 2016
url 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
_version_ 1764459951551414272