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...

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Main Authors: Ararat, Melsa, Claessens, Stijn, Yurtoglu, B. Burcin
Format: Report
Language:English
en_US
Published: International Finance Corporation, Washington, DC 2017
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
id okr-10986-26114
recordtype oai_dc
spelling okr-10986-261142021-04-23T14:04:33Z Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network Ararat, Melsa Claessens, Stijn Yurtoglu, B. Burcin emerging markets emerging economies impact policy change corporate governance 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. 2017-02-22T15:56:45Z 2017-02-22T15:56:45Z 2014 Report 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 English en_US 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 :: Working Paper
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 emerging markets
emerging economies
impact
policy change
corporate governance
spellingShingle emerging markets
emerging economies
impact
policy change
corporate governance
Ararat, Melsa
Claessens, Stijn
Yurtoglu, B. Burcin
Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
description 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.
format Report
author Ararat, Melsa
Claessens, Stijn
Yurtoglu, B. Burcin
author_facet Ararat, Melsa
Claessens, Stijn
Yurtoglu, B. Burcin
author_sort Ararat, Melsa
title Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
title_short Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
title_full Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
title_fullStr Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
title_full_unstemmed Report on the First 10 Years of the Emerging Markets Corporate Governance Research Network
title_sort report on the first 10 years of the emerging markets corporate governance research network
publisher International Finance Corporation, Washington, DC
publishDate 2017
url 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
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