Publication:
The Incredible Adventures of Carla: Practical Guide for Nominee Directors
dc.contributor.author | Steger, Ulrich | |
dc.contributor.author | Nedopil, Christoph | |
dc.date.accessioned | 2015-06-25T14:57:14Z | |
dc.date.available | 2015-06-25T14:57:14Z | |
dc.date.issued | 2015-03 | |
dc.description.abstract | This is a book about directorship. More precisely, it’s about nominee directors, who are nominated by IFC and other development finance institutions (DFIs) to the boards of investee companies to fulfill a dual mandate: first, they are expected to perform all the duties and tasks of a board member. Second, they are also charged with improving the corporate governance, sustainability, and ethical behavior of the investee company. This need exists because the empirical evidence indicates that in many developing countries it is nearly impossible to create long-term shareholder value without marked improvements in these areas. This book, based on sound research and real-life examples, offers not only a useful learning platform but also, the authors hope, an entertaining read. It focuses on directorship and leadership skills in the boardroom and does not attempt to cover the whole ‘waterfront’ on corporate governance issues. Many other publications (including some found on the IFC website) deal extensively with the structures, processes, and legal frameworks of corporate governance. The story emphasizes the learning and adapting that must go on for a nominee director to be effective in encouraging change and improvement on the board and in the company. It draws on specific situations to illustrate that IFC rules and instructions cannot always be perfectly followed: the nominee director is in the ‘heat of the battle,’ under time pressure, and confronted with dilemmas and uncertainty that only in hindsight can be structured and analyzed clearly. The target audience of the incredible adventures of Carla is nominee directors, especially those who are newly appointed or candidates who are considering taking on such a role. It aims to expose them to the challenges in the behavioral dimension of corporate governance and to help them learn, through Carla’s experience, the actions and communications that can help them, or not help them, achieve the goals they are committed to. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2015/06/24606842/incredible-adventures-carla-practical-guide-nominee-directors | |
dc.identifier.uri | http://hdl.handle.net/10986/22062 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank Group, Washington, DC | |
dc.rights | CC BY-NC-ND 3.0 IGO | |
dc.rights.holder | International Finance Corporation | |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ | |
dc.subject | LIMITED | |
dc.subject | HOLDING COMPANY | |
dc.subject | CAPITAL MARKETS | |
dc.subject | OPERATIONAL RISK | |
dc.subject | BOARD MEETING | |
dc.subject | CLIENT BASE | |
dc.subject | BUSINESS ETHICS | |
dc.subject | REGULATORY COMPLIANCE | |
dc.subject | PUBLIC UTILITIES | |
dc.subject | FOREIGN CAPITAL | |
dc.subject | BOARD MEMBERS | |
dc.subject | CORPORATION | |
dc.subject | RISK MANAGER | |
dc.subject | STOCK | |
dc.subject | SHAREHOLDER RIGHTS | |
dc.subject | INCOME | |
dc.subject | INTEREST | |
dc.subject | COMPENSATION POLICIES | |
dc.subject | EMERGING ECONOMIES | |
dc.subject | STOCK MARKET | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | CHARTER | |
dc.subject | INDEPENDENT DIRECTORS | |
dc.subject | DISCLOSURE REQUIREMENTS | |
dc.subject | SUSTAINABLE ECONOMIC GROWTH | |
dc.subject | REGULATORY AGENCY | |
dc.subject | PORTFOLIO | |
dc.subject | REGULATOR | |
dc.subject | COMPANIES | |
dc.subject | FINANCIAL STATEMENTS | |
dc.subject | BONDS | |
dc.subject | MERGERS | |
dc.subject | GLOBAL LEADERS | |
dc.subject | INFORMATION SYSTEMS | |
dc.subject | REGULATORY AUTHORITY | |
dc.subject | AUDIT COMMITTEE | |
dc.subject | ACQUISITIONS | |
dc.subject | DIVIDEND POLICY | |
dc.subject | CORPORATE GOVERNANCE STANDARDS | |
dc.subject | JURISDICTIONS | |
dc.subject | LEGAL FRAMEWORKS | |
dc.subject | CODE OF CONDUCT | |
dc.subject | INTERNATIONAL FINANCE | |
dc.subject | STATES | |
dc.subject | CONTROLLING SHAREHOLDER | |
dc.subject | CEO | |
dc.subject | ACQUISITION | |
dc.subject | UNION | |
dc.subject | OWNERSHIP CONCENTRATION | |
dc.subject | GLOBAL EQUITY | |
dc.subject | INDEPENDENT SHAREHOLDER | |
dc.subject | SHAREHOLDER STRUCTURE | |
dc.subject | FRANCHISE | |
dc.subject | GOVERNANCE PROCEDURES | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | TRUST | |
dc.subject | BOARD MEMBER | |
dc.subject | CAPITAL REQUIREMENTS | |
dc.subject | FAMILY BUSINESS | |
dc.subject | CORPORATE GOVERNANCE FRAMEWORK | |
dc.subject | AUDITOR INDEPENDENCE | |
dc.subject | PRIVATE SECTOR DEVELOPMENT | |
dc.subject | BOARD MEETINGS | |
dc.subject | PRIVATE CAPITAL | |
dc.subject | CORPORATE GOVERNANCE CODE | |
dc.subject | DUE DILIGENCE | |
dc.subject | REAL ESTATE | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | DIRECTORS | |
dc.subject | BANKS | |
dc.subject | SHAREHOLDERS’ MEETINGS | |
dc.subject | SHAREHOLDER AGREEMENTS | |
dc.subject | UNIONS | |
dc.subject | MANAGERS | |
dc.subject | EMERGING MARKETS | |
dc.subject | EQUITY | |
dc.subject | INVESTORS | |
dc.subject | DEVELOPMENT INVESTMENT | |
dc.subject | CEOS | |
dc.subject | ETHICAL BEHAVIOR | |
dc.subject | OWNERSHIP STRUCTURE | |
dc.subject | TRANSPARENCY | |
dc.subject | COUNTRY RISK | |
dc.subject | SCANDALS | |
dc.subject | CORPORATIONS | |
dc.subject | SUBSIDIARIES | |
dc.subject | POLITICAL SYSTEMS | |
dc.subject | REGULATORY REQUIREMENTS | |
dc.subject | BANK | |
dc.subject | FOREIGN DIRECT INVESTMENT | |
dc.subject | CONFLICTS OF INTEREST | |
dc.subject | STAKEHOLDERS | |
dc.subject | CHAIRMAN AND CEO | |
dc.subject | SHAREHOLDER VALUE | |
dc.subject | FAMILY BUSINESSES | |
dc.subject | INTERNAL CONTROLS | |
dc.subject | REGULATORY CAPITAL | |
dc.subject | SHARES | |
dc.subject | SOCIAL VALUES | |
dc.subject | MAJORITY SHAREHOLDERS | |
dc.subject | TRADE UNIONS | |
dc.subject | MINORITY SHAREHOLDERS | |
dc.subject | COMPANY | |
dc.subject | LEGAL DUTIES | |
dc.subject | SECURITIES | |
dc.subject | SUBSIDIARY | |
dc.subject | GOVERNANCE | |
dc.subject | SHAREHOLDERS | |
dc.subject | ENFORCEMENT | |
dc.subject | INSURANCE | |
dc.subject | CONTROLLING SHAREHOLDERS | |
dc.subject | INTERESTS | |
dc.subject | ACCESS TO CAPITAL MARKETS | |
dc.subject | STATE | |
dc.subject | INVESTOR | |
dc.subject | FINANCIAL DEVELOPMENT | |
dc.subject | ACCOUNTING STANDARDS | |
dc.subject | BUSINESS CLIMATE | |
dc.subject | INVESTMENT | |
dc.subject | SHARE | |
dc.subject | ORGANIZATION | |
dc.subject | PORTFOLIO MANAGER | |
dc.subject | EQUALITY | |
dc.subject | COMPLIANCE OFFICER | |
dc.subject | FINANCE CORPORATION | |
dc.subject | INTERNAL CONTROL | |
dc.subject | BUSINESS ENVIRONMENT | |
dc.subject | BANKING | |
dc.subject | COMPETITIVE MARKETS | |
dc.subject | GOOD CORPORATE GOVERNANCE | |
dc.subject | INVESTOR RELATIONS | |
dc.subject | SHAREHOLDER INTERESTS | |
dc.subject | INDIVIDUALS | |
dc.subject | STAKEHOLDER | |
dc.subject | INVESTMENTS | |
dc.subject | RISK MANAGEMENT | |
dc.subject | SOCIETY | |
dc.subject | CAPITAL EXPENDITURES | |
dc.subject | INDEPENDENT DIRECTOR | |
dc.subject | SHAREHOLDER | |
dc.subject | MERGER | |
dc.subject | AUDIT | |
dc.subject | ASSET SALES | |
dc.subject | CUSTOMERS | |
dc.subject | INTERNATIONAL INVESTORS | |
dc.subject | FIDUCIARY DUTY | |
dc.subject | COOPERATIVE | |
dc.subject | SMALL BUSINESSES | |
dc.subject | COST OF CAPITAL | |
dc.subject | PRIVATE ENTERPRISE | |
dc.subject | CONSOLIDATION | |
dc.subject | CORPORATE GOVERNANCE | |
dc.subject | ESTATE | |
dc.subject | INVESTMENT DECISION | |
dc.title | The Incredible Adventures of Carla | en |
dc.title.subtitle | Practical Guide for Nominee Directors | en |
dc.type | Working Paper | en |
dc.type | Document de travail | fr |
dc.type | Documento de trabajo | es |
dspace.entity.type | Publication | |
okr.date.disclosure | 2015-06-09 | |
okr.doctype | Publications & Research | |
okr.doctype | Publications & Research :: Working Paper | |
okr.docurl | http://documents.worldbank.org/curated/en/2015/06/24606842/incredible-adventures-carla-practical-guide-nominee-directors | |
okr.globalpractice | Governance | |
okr.identifier.externaldocumentum | 090224b082f0fcd0_1_0 | |
okr.identifier.internaldocumentum | 24606842 | |
okr.identifier.report | 97117 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/06/09/090224b082f0fcd0/1_0/Rendered/PDF/The0incredible0or0nominee0directors.pdf | en |
okr.topic | Governance :: Governance and the Financial Sector | |
okr.topic | Law and Development :: Corporate Law | |
okr.topic | Private Sector Development :: Corporate Governance | |
okr.topic | Private Sector Development :: Corporate Social Responsibility | |
okr.unit | Corporate Governance (CRKCG) |
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