Best Annual Report and Transparency Award
National Reforms Support Foundation for Accounting, Reporting and Auditing with the support of the European Union – World Bank joint project on Financial Inclusion and Accountability announces in fall 2019 the competition aimed for the GSE listed companies. The success of Georgia’s economy will depend in large part on the ability of the private sector […]
Corporate News: Corporate Governance Standards For Investors
The best corporate governance standards can help companies to improve their operation and make it easier for them to access the capital. How does it look from investors’ perspective? How do the investors evaluate corporate governance and what is Corporate Governance Standards’ importance during the making investment decisions? Please, see the link below for the […]
Corporate News: Corporate Secretary – Another Modern Profession
During the recent years the successful launch of the Georgian corporate sector on the world’s leading stock exchanges and the significant activation of Georgian companies on the bond market, has raised the demand for the corporate secretaryinstitute. The existence of a corporate secretary is important for implementing the best standards of the corporate governance in […]
Gigi Ghlonti has been appointed as an Independent Director and a member of the Supervisory Board for Pasha Bank
Independent Directors Association member, Gigi Ghlonti has been appointed as an Independent Director and a member of the Supervisory Board for Pasha Bank. We congratulate our colleague on his new appointment and wish him best of luck. See the link: www.pashabank.ge
“Georgian path towards Denmark”
Georgian path towards Denmark” Independent Directors Association member, Victor Kipiani discusses possible models for Georgian macroeconomic development. See the link: www.bfm.ge
Corporate Governance Seminar
In March-April 2019, in collaboration with Ukraine Corporate Governance Academy and INSEAD Business School Corporate Governance Seminar took place in Kiev. The seminar was led by INSEAD Professors Ludo Van Der Heyden and Frank Dangeard, together with London Business School Professor Harry Korine. Participants in the seminar and specifically from Independent Directors Association, members, Tariel […]
MKD partner Victor Kipiani has joined the advisory committee of SARAS
The Service for Accounting, Reporting and Auditing Supervision (SARAS) has recently established an advisory committee in order to ensure the efficient implementation of reporting and auditing reforms in Georgia and to involve interested parties in SARAS’ activities, policy and strategy and their improvement. Mr Victor Kipiani, a partner at Mgaloblishvili Kipiani Dzidziguri (MKD) and a […]
Presentation and Discussion in the Parliament: Role of Independent Directors in Corporate Governance
On March 14th, 2019, in Georgian Parliament a joint committee meeting took place among Finance-Budgeting and Economy, Economic Policy and Law committees. Independent Directors Association together with the Business and Econonomic Center (BEC) also took part in discussion in regards to “Role of Independent Directors in Corporate Governance.” Independent Directors Association members Tariel Gvalia and […]
The criteria of “independence” of the independent member of the supervisory board
The criteria of “independence” of the independent member of the supervisory board. See the link: www.forbes.ge
Georgia Launches Best Annual Report and Transparency Award – A Joint European Union-World Bank Initiative
Georgia is an especially business-friendly country, according to the World Bank’s latest Ease of Doing Business index, in which its scored 7th place – but the country faces challenges regarding the quality of corporate reporting and level of transparency of Georgian companies. To help address these challenges, the National Reforms Support Foundation for Accounting, Reporting and Auditing […]