Back to overview

Core Principles of a Corporate Governance Framework (CGF)

}

Summary

A Corporate Governance Framework (CGF) should aim to promote business ethics, fairness, transparency, accountability, responsibility and market efficiency. It should ensure clear division of tasks, rights and responsibilities between management and shareholders. A CGF should be flexible enough to allow fast adaptation to market changes and sufficiently enforceable to ensure that rules are respected. Stakeholders should have the possibility to obtain redress for violation of their rights when stated by law or agreement.

Thumbnail image for A Corporate Governance Framework (CGF) should aim to promote business ethics, fairness, transparency, accountability, responsibility and market efficiency. It should ensure clear division of tasks, rights and responsibilities between management and shareholders. A CGF should be flexible enough to allow fast adaptation to market changes and sufficiently enforceable to ensure that rules are respected. Stakeholders should have the possibility to obtain redress for violation of their rights when stated by law or agreement.
Issuer

European Bank for Reconstruction and Development (EBRD)

Year

2010

Region

International

Issuer (type)

European Bank for Reconstruction and Development (EBRD) (Region)

Policy Type

Other sustainability policy

Geographical scope

Regional

Mandatory or voluntary

Voluntary


Main industries targeted
  • Arts, Entertainment, & Recreation
  • Professional, Scientific, & Technical Services
  • Finance & Insurance
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 3: Good Health and Well-being
  • SDG 6: Clean Water and Sanitation
  • SDG 14: Life Below Water
  • SDG 16: Peace, Justice, and Strong Institutions

We have sent you the download link, please check your inbox.

Download again

Something went wrong when trying to download this file.

Try again