World Bank Group - ROSC: Topics: Corporate Governance

As part of the Reports on the Observance of Standards and Codes (ROSC) initiative, the World Bank has established a program to assist its member countries in strengthening their corporate governance frameworks. The objectives of this program are to:

Benchmark the country’s corporate governance framework and company practices against the OECD Principles for Corporate Governance.

Assist the country in developing and implementing a country action plan for improving institutional capacity with a view to strengthening the country’s corporate governance framework.

Raise awareness of good corporate governance practices among the country’s public and private sector stakeholders.

The World Bank conducts corporate governance country assessments under the ROSC initiative at the invitation of country authorities. The World Bank uses a diagnostic tool – a Template - that it has developed to gather pertinent information for preparing the Corporate Governance ROSC. The Template has five sections that are based on the OECD Principles; a copy of the Template may be accessed below.

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