Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
This paper provides an account of the Emerging Markets Corporate Governance Research Network (EMCGN) and its first 10 years of activities. The network was established under the auspices of the Global Corporate Governance Forum (now incorporated int...
| Main Authors: | , , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
International Finance Corporation, Washington, DC
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/729971487051523746/Report-on-the-first-10-years-of-the-Emerging-Markets-Corporate-Governance-Research-Network-EMCGN http://hdl.handle.net/10986/26114 |
| Summary: | This paper provides an account of the
Emerging Markets Corporate Governance Research Network
(EMCGN) and its first 10 years of activities. The network
was established under the auspices of the Global Corporate
Governance Forum (now incorporated into IFC’s Corporate
Governance Group). The paper describes the history of the
EMCGN and its objective (to stimulate research focused on
corporate governance in emerging markets as well as
transition and developing countries); its structure, which
is a joint undertaking of corporate governance research
centers and internationally recognized scholars, with IFC
Corporate Governance acting as its catalyst; and its
modalities: organizing workshops, holding biennial
conferences, and disseminating and communicating research.
The paper reviews the quantity and quality of EMCGN’s
output, based on objective research rankings, and its
effects on countries in capacity building and policy changes
and development, based on the experiences of participants
and policymakers exposed to its work. Analysis of
publication data shows that EMCGN has been successful in
encouraging research on corporate governance in emerging
markets in most areas of research identified as critical at
the Network’s inception and through its interactions with
practitioners and policymakers. EMCGN also has been
successful in stimulating collaborative research and
facilitating dialogue between scholars and the larger
corporate governance community. Its impact on policy and
practice development, inherently difficult to pinpoint,
seems to have been most effective when channeled through
efforts of local corporate governance associations with
professional members to influence relevant policymakers and
when actively using media to communicate the need for key reforms. |
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