ECONOMY
IFC CONDUCT WORKSHOP FOR JOINT-STOCK COMPANIES IN SHAMAKHY
The event designed for the members of the supervisory boards of 29 joint-stock companies functioning in Shamkhy and surrounding areas focused on the positive results of application of the corporate governance principles, protection of stockholders’ rights and role and responsibilities of supervisory boards.
Project manager Charles Canfield said that conduct of seminars in the provinces create equal conditions for application of corporate governance in all the regions and attracting money to joint-stock companies. He expressed his hope that application of corporate governance principles in the companies and banks will make Azerbaijani business environment more transparent and give an impetus to development of the private sector in Azerbaijan.