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IFC, a member of the World Bank Group, together with the Family Business Network Asia and the Indonesian Institute for Corporate Directorship, is helping family business owners in Indonesia promote good corporate governance practices in their boardrooms through training workshops.
The LSE Managing Director Aftab Ahmad Chaudhry stated this at a day-long workshop Effective Corporate Governance Enforcement organized by LSE in conjunction with IC of the World Bank Group here Friday, with a purpose to highlight the importance of the good corporate governance practices to the newly formed LSE Board of Directors.
We can infer from this that good corporate governance is essential to achieving and maintaining maximum value.
Hawkamah signs agreement with Securities and Investment Institute The Hawkamah Institute for Corporate Governance (Hawkamah), the leading centre for corporate governance in the MENA region, today announced that it has signed a Memorandum of Understanding (MoU) with the Securities and Investment Institute (SII), the largest and most widely respected professional body for those who work in the securities and investment industry in the UK, to actively promote and demonstrably improve good corporate governance practices in the UAE, GCC and the MENA region.
The Company Circle was formed in 2005, and has international recognition for bringing together Latin American companies and industry leaders who have adopted good corporate governance practices, while their experiences and input can constitute a reference and example for any company around the world.
Now, mutuals are lagging behind in good corporate governance practice.
In a speech after taking office, Donaldson wisely cautioned, "A 'check-the-box approach' to good corporate governance will not inspire a true sense of ethical obligation.
The increased presence of large institutional investors in the last decade fostered the expectation that a new breed of highly skilled and well resourced professional shareholders would make informed use of their rights, promoting good corporate governance in companies in which they invest.