Global Corporate Governance Forum

Global Corporate Governance Forum
GCGF An international *corporate governance body. The GCGF was founded in 1999 by the *Organization for Economic Co-operation and Development and the *World Bank. Its sponsors include a number of countries, among which are India, the United Kingdom, and the United States, and it is based at the World Bank headquarters at Washington, DC. The GCGFs aims, as stated on its Web site, are to help countries "improve the standards of governance for their corporations, by fostering the spirit of enterprise and accountability, promoting fairness, transparency and responsibility." Its emphasis is on developing countries and nations in transition from *command economies to liberal democracies. The GCGF’s activities range from technical assistance to institution building. Web site:

Auditor's dictionary. 2014.

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