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Subject: ACCOUNTING STANDARDS × Topic: Environmental Economics and Policies × Item Type: Publication × Supported Language: en ×

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    Labor Issues in Infrastructure Reform : A Toolkit, Modules 2-7
    (Washington, DC: World Bank, 2004) Public-Private Infrastructure Advisory Facility
    A universal concern in infrastructure reforms is the effect such reforms have on labor. State-owned infrastructure firms often employ more people than required for efficiency, and often under favorable terms and conditions of service, leading to lower labor productivity and higher labor costs than private employers would bear. Some reform, in particular those involving private participation in infrastructure (PPI), may thus prompt surplus labor and changes in working conditions as governments adjust the work force to prepare for PPI, or as new owners or operators introduce efficiency improvements and expose enterprises to greater management discipline, new technologies, and increasing competition. The primary objective of this Toolkit is to provide practical tools and information to help policymakers handle labor issues in private participation in infrastructure (PPI). The Toolkit consists of seven modules: 1) Framework and overview of the entire toolkit; 2) Labor impacts of PPI; 3) Assessing the size and scope of labor restructuring; 4) Strategies and options; 5) Key elements of a labor program; 6) Engaging with stakeholders; 7) Monitoring and evaluation of labor programs. The Toolkit also contains a web-based CD-ROM with searchable documents, spreadsheets, sample terms of reference for obtaining the needed expertise to carry out various labor-related tasks, case studies, and other relevant data.
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    Analyzing and Managing Banking Risk : A Framework for Assessing Corporate Governance and Financial Risk Management, Second Edition
    (Washington, DC: World Bank, 2003-04) Brajovic Bratanovic, Sonja; Van Greuning, Hennie
    This publication aims to complement existing methodologies by establishing a comprehensive framework for the assessment of banks, not only by using financial data, but also by considering corporate governance. It argues that each of the key players in the corporate governance process (such as shareholders, directors, executive managers, and internal and external auditors) is responsible for some component of financial and operational risk management. Following a holistic overview of bank analysis in Chapter 2, the importance of banking supervision in the context of corporate governance is discussed in Chapter 3. This chapter also considers the partnership approach and the emerging framework for corporate governance and risk management, as well as the identification and allocation of tasks as part of the risk management process. The framework for risk management is further discussed in Chapters 4 through 11.