Roundtable on importance of good corporate governance and transparency of SOEs

The National Agency of State Property of Georgia (NASP) organized the roundtable on “Importance of Good Corporate Governance and Transparent Accounting and Reporting at State Owned Enterprises (SOEs)”. The event, which gathered over 40 representatives of the NASP and approximately 15 members of Georgia’s largest SOEs, was held with the support of the World Bank’s Centre for Financial Reporting Reform (CFRR) and the International Finance Corporation (IFC).

Advocating for transparency in corporate financial reporting responses to coronavirus


Editor's note: This blog also had contributions from Suraiya Zannath and John Hodge.

No transparency, no trust; no trust, no credit; no credit, no investment; no investment, no growth! So there is a simple logic: financial reporting is an essential building block for financial intermediation, foreign investment, and sustainable economic development.  - Martin Gruell, Raiffeisen Bank International (2008)