Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle
This publication details 14 firms recognized for better corporate governance practices that had suffered less damage than average listed Latin American companies during the finanicial crisis. It offers an opportunity for business leaders in Latin A...
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| Format: | Report |
| Language: | English en_US |
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International Finance Corporation, Washington, D.C.
2017
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| Online Access: | http://documents.worldbank.org/curated/en/726671468047053207/Practical-guide-to-corporate-governance-experiences-from-the-Latin-American-companies-circle http://hdl.handle.net/10986/28085 |
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okr-10986-280852021-04-23T14:04:46Z Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle International Finance Corporation OECD CORPORATE GOVERNANCE CASE STUDIES CORPORATE GOVERNANCE PRACTICES DISTORTED INCENTIVES STRUCTURES INADEQUATE RISK MANAGEMENT PRIVATE SECTOR PARTICIPATION This publication details 14 firms recognized for better corporate governance practices that had suffered less damage than average listed Latin American companies during the finanicial crisis. It offers an opportunity for business leaders in Latin America to learn from the experience of peers who have successfully implemented substantive improvements in governance standards and practices. Although the guide has been in the works for several years, the timing of its publication coincides with a global financial crisis that has catapulted corporate governance to a top spot on the global policy agenda. With gaps in governance from inadequate risk management to distorted incentives structures factoring in as contributing to the crisis, good corporate governance practices will be an important part of the response needed for Latin American economies, as well for others around the world. Within this context, there has been a remarkable growth in awareness and activity surrounding corporate governance during the last decade, as recognized by the Latin American roundtable on corporate governance. This is an ongoing initiative of the Organization for Economic Co-operation and Development and the International Finance Corporation/World Bank Group that has brought together policy-makers, regulators, stock exchanges, investors, companies and other stakeholders on an annual basis to promote improved policies and practices specific to the Latin American context. This practical guide is an outgrowth of these efforts, involving many steps along the way. When members of the Roundtable called for greater participation from private sector companies in the Roundtable's corporate governance improvement efforts, the companies circle was born. A first book of case studies was launched in 2005, with an expanded second edition issued in 2006. Members of the circle were keen to share experiences and believed a wider audience of Latin businesspeople will benefit from a practical guide exploring the ways and whys of their governance improvements. 2017-08-29T20:18:39Z 2017-08-29T20:18:39Z 2009 Report http://documents.worldbank.org/curated/en/726671468047053207/Practical-guide-to-corporate-governance-experiences-from-the-Latin-American-companies-circle http://hdl.handle.net/10986/28085 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, D.C. Economic & Sector Work :: Corporate Governance Assessment Economic & Sector Work Latin America & Caribbean Latin America |
| 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 |
CORPORATE GOVERNANCE CASE STUDIES CORPORATE GOVERNANCE PRACTICES DISTORTED INCENTIVES STRUCTURES INADEQUATE RISK MANAGEMENT PRIVATE SECTOR PARTICIPATION |
| spellingShingle |
CORPORATE GOVERNANCE CASE STUDIES CORPORATE GOVERNANCE PRACTICES DISTORTED INCENTIVES STRUCTURES INADEQUATE RISK MANAGEMENT PRIVATE SECTOR PARTICIPATION International Finance Corporation OECD Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| geographic_facet |
Latin America & Caribbean Latin America |
| description |
This publication details 14 firms
recognized for better corporate governance practices that
had suffered less damage than average listed Latin American
companies during the finanicial crisis. It offers an
opportunity for business leaders in Latin America to learn
from the experience of peers who have successfully
implemented substantive improvements in governance standards
and practices. Although the guide has been in the works for
several years, the timing of its publication coincides with
a global financial crisis that has catapulted corporate
governance to a top spot on the global policy agenda. With
gaps in governance from inadequate risk management to
distorted incentives structures factoring in as contributing
to the crisis, good corporate governance practices will be
an important part of the response needed for Latin American
economies, as well for others around the world. Within this
context, there has been a remarkable growth in awareness and
activity surrounding corporate governance during the last
decade, as recognized by the Latin American roundtable on
corporate governance. This is an ongoing initiative of the
Organization for Economic Co-operation and Development and
the International Finance Corporation/World Bank Group that
has brought together policy-makers, regulators, stock
exchanges, investors, companies and other stakeholders on an
annual basis to promote improved policies and practices
specific to the Latin American context. This practical guide
is an outgrowth of these efforts, involving many steps along
the way. When members of the Roundtable called for greater
participation from private sector companies in the
Roundtable's corporate governance improvement efforts,
the companies circle was born. A first book of case studies
was launched in 2005, with an expanded second edition issued
in 2006. Members of the circle were keen to share
experiences and believed a wider audience of Latin
businesspeople will benefit from a practical guide exploring
the ways and whys of their governance improvements. |
| format |
Report |
| author |
International Finance Corporation OECD |
| author_facet |
International Finance Corporation OECD |
| author_sort |
International Finance Corporation |
| title |
Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| title_short |
Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| title_full |
Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| title_fullStr |
Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| title_full_unstemmed |
Practical Guide to Corporate Governance : Experiences from the Latin American Companies Circle |
| title_sort |
practical guide to corporate governance : experiences from the latin american companies circle |
| publisher |
International Finance Corporation, Washington, D.C. |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/726671468047053207/Practical-guide-to-corporate-governance-experiences-from-the-Latin-American-companies-circle http://hdl.handle.net/10986/28085 |
| _version_ |
1764465743639871488 |