2.7 World Bank corporate governance and financial reporting initiatives

Question 1

The World Bank recognizes that effective corporate governance in p______ and p______ sector organizations in an essential element of a well functioning market economy and helps ensure the equitable allocation of resources across s____________ groups.

Answer 1

public
private
stakeholder

Question 2

The World Bank/s work on governance focuses on which two key areas?

Answer 2

1 Promote transparent and accurate financial reporting, including on risk.

2 Improving the governance of state-owned enterprises, who often provide essential products.