Publication:
Georgia - Report on the Observance of Standards and Codes: Corporate Governance Country Assessment

dc.contributor.authorWorld Bank
dc.date.accessioned2022-06-18T20:01:15Z
dc.date.available2022-06-18T20:01:15Z
dc.date.issued2021-11-30
dc.description.abstractThis report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual practices, makes policy recommendations, and provides investors with a benchmark against which to measure CG in Georgia. The report focuses on the governance of public interest entities (PIEs), which in Georgia are defined by law to include listed companies, banks, and state-owned enterprises (SOEs). The report draws on several sources of data, including a detailed country assessment completed by Dentons Georgia LLC, that covered both the legal framework and CG practices. Recommendations draw on a range of internationally recognized standards, guidelines, and practices, and the latest available research produced by the World Bank and others. The report also uses the policies and practices outlined in the World Bank’s integrated SOE framework (iSOEF) and toolkit on CF of SOE, for the assessment of SOE governance frameworks and practices. This report offers a comprehensive assessment of the existing CG policies and practices in Georgia, and suggests policy recommendations for consideration, which are summarized in a sequenced action plan. The report and its recommendations are tailored to the country’s context and its current development stage and reflect the recent improvements to the legal and regulatory environment.en
dc.identifierhttp://documents.worldbank.org/curated/en/099255006122222665/P1695430ad47ef0860b13f0120e7715aa67
dc.identifier.doi10.1596/37572
dc.identifier.urihttps://hdl.handle.net/10986/37572
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCORPORATE GOVERNANCE
dc.subjectCG
dc.subjectREPORT ON THE OBSERVANCE OF STANDARDS AND CODES
dc.subjectROSC
dc.subjectPUBLIC INTEREST ENTITIES
dc.titleGeorgia - Report on the Observance of Standards and Codesen
dc.title.subtitleCorporate Governance Country Assessmenten
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleGeorgia - Report on the Observance of Standards and Codes
okr.date.disclosure2022-06-13
okr.date.doiregistration2025-05-07T12:09:19.725609Z
okr.date.lastmodified2022-06-13T00:00:00Zen
okr.doctypeReport
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099255006122222665/P1695430ad47ef0860b13f0120e7715aa67
okr.guid099255006122222665
okr.guid099130007182211992
okr.identifier.externaldocumentum33840649
okr.identifier.internaldocumentum33840649
okr.identifier.report172471
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099255006122222665/pdf/P1695430ad47ef0860b13f0120e7715aa67.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryGeorgia
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Macroeconomic Management
okr.topicGovernance::Governance Indicators
okr.topicPrivate Sector Development::Corporate Governance
okr.unitEFI-ECA-FCI-Finance-1 (EECF1)
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