Download This PaperA Critical Analysis of the Ethiopian Banking Law in Light of the Basel Committee on Banking Supervision’s Corporate Governance Principles for Banks
19 Pages Posted: 9 May 2020
Date Written: June 2017
Abstract
For everyone taking part in a development community, endeavoring to bring democracy through ameliorating economic situations and political structures, overcoming poverty, infrastructure decay, limited access to basic resources, and lack of private-sector jobs are sensitive concerns in fragile and emerging economies. For this, to address these and other related problems and maintain the legitimacy of governments, measures ranging from democratic to market reform were undertaken. Amongst all, corporate governance does have a pivotal role in cleansing the governance environment in unmasking insider relationships and injecting values of transparency and accountability in both spheres of private and public transactions. It is also accelerating a functional small and medium-sized enterprise sector entrusted for sustainable solutions to poverty in generating jobs and attracting investment. Hence, as good governance in the private and public sector is inseparable, corporate governance is found to be an important tool in bringing democracies to reveal for all segments of society.
Keywords: Corporate Governance, Bank Corporate Governance, Risk Mitigation, Responsible Business
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