Promoting Growth Through Corporate Governance
An Electronic Journal of the U.S. Department of State
February 2005

About This Issue
The Editors
Laying the Groundwork For Economic Growth
Ira M. Millstein, Senior Partner, Weil, Gotshal & Manges, LLP
Corporate governance is becoming increasingly important for companies and developing countries seeking to attract investment.
Fostering an International Regulatory Consensus
Ethiopis Tafara and Robert D. Strahota, Office of International Affairs, Securities and Exchange Commission
U.S. regulators are working with their counterparts worldwide to facilitate compliance with the Sarbanes-Oxley Act of 2002.
Prosecuting Corporate Crimes
Christopher Wray, Assistant Attorney General, Criminal Division, Department of Justice
The U.S. Department of Justice is moving decisively to crack down on corporate officials who abuse their positions at the expense of shareholders.
Corporate Governance: The Development Challenge
Charles Oman and Daniel Blume, Organization for Economic Cooperation and Development
Developing countries face the challenge of transforming political and economic governance arrangements from relationship-based systems into rules-based systems.
Creating a Sustainable Corporate Environment
John Sullivan, President, Center for International Private Enterprise, and Georgia Sambunaris, Capital Markets Specialist, U.S. Agency for International Development
The United States is devoting growing resources to help transition and developing economies create environments that nurture competitive, profitable, and ethically managed businesses.
Training Managers for the Future
Mary C. Gentile, International Business Consultant
Ethics and governance are among the most important lessons that future managers need to learn.
The Case for Powerful Shareholders
Robert A.G. Monks, Founder, Institutional Shareholder Services, Inc.
Effective shareholders are good for business and the economy.
A Business Perspective on Corporate Governance
Interview With Rosemary Kenney and Nancy Nielsen, Pfizer Inc.
Businesses that hope to succeed in today's global marketplace must incorporate newer, stricter legal requirements and also take into account growing social expectations.
Governing Family Businesses
John L. Ward, Center for Family Enterprises, Kellogg School of Management, Northwestern University
Successful family firms are those that properly define the roles and responsibilities of ownership, management, and the board of directors.
Key OECD Principles of Corporate Governance
Bibliography
Internet Resources