PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

598507

Primary Business Area

Sustainable Business Advisory

Disclosure Date

Oct 2, 2012

Country

Lebanon

Region

Middle East

IFC Approval Date

Jul 19, 2012

Status

Completed

Estimated Total Budget

$780,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 2, 2019

Project Estimated End Date

Jun 30, 2016

Project Description

The overall goal of the project is to advance corporate governance (CG) practices among the private sector in the Levant (Jordan, Lebanon, and Palestine) in the Middle East and North Africa region through the following activities: 1. Market-Level: Continue to build the capacity of institutes and market intermediaries (e.g., press, consultants, mediators, universities) so they can provide CG expertise and advance the CG agenda on an ongoing basis. 2. Regulator-Level: Assist regulators in the development of the CG framework (laws, codes, regulations, CG Scorecards) to strengthen the legislative and regulatory policy environment for CG and monitor CG compliance. 3. Firm-Level: Work with select partner institutes to improve CG practices in companies through in-depth assessments, with a particular focus on family-owned enterprises, small and medium enterprises, and financial institutions. In addition, the project will also seek to promote the advancement of board diversity at the firm level.

Development Results