Description : This guide provides directors with a concise, straightforward aid to director's thinking: practical assistance for a practical job. This publication is intended to help directors identify the boundaries between legal conflicts and ethical ones, to know what questions to ask, and to recognise problems in the making.
Description : The OECD Guidelines for Managing Conflict of Interest in the Public Service provide the first international benchmark in this field. This report highlights trends, approaches and models across OECD countries in a comparative overview that also presents examples of innovative and recent solutions.
Description : An interdisciplinary and international study addressing conflict of interest in different spheres and at different levels of governance.
Description : Public procurement is a critical element of good governance, as it is a crucial nexus of interaction between the public and private sectors. This report examines ongoing public procurement reforms in Colombia.
Description : Carson examines the implications of demutualization of financial exchanges for their roles as self-regulatory organizations. Many regulators and exchanges believe that conflicts of interest increase when exchanges convert to for-profit businesses. Demutualization also changes the nature of an exchange's regulatory role as broker-dealers' ownership interests are reduced. These factors are leading to reduced regulatory roles for exchanges in many jurisdictions. The resulting changes have significant implications for regulation of financial markets, especially as exchanges are the only self-regulating organizations (SROs) in most countries. Major changes in the role of exchanges require a rethinking of the allocation of regulatory functions and the role of self-regulation, as well as stronger mechanisms to mitigate conflicts of interest. Carson looks at the views of both exchanges and regulators on these issues in Asian, European, and North American jurisdictions where major exchanges have converted to for-profit businesses. He finds that views on the conflicts of interest faced by demutualized exchanges vary widely. In addition, the tools and processes used by exchanges and regulators to manage conflicts also differ significantly across jurisdictions. The author concludes that new and greater conflicts result from demutualization and canvasses the regulatory responses in the jurisdictions examined. This paper--a product of the Financial Sector Operations and Policy Department--is part of a larger effort in the department to study the development of securities markets in emerging markets.
Description : This evaluation assesses the effectiveness of the World Bank Group in helping its member countries improve their investment climates, within the context of the World Bank Group's overall mission of poverty reduction and sustainable development.