Last week Chinese e-commerce giant Alibaba filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering (IPO). As one of the largest companies in the world’s second largest economy, Alibaba represents an enormous opportunity for investors. They are expected to raise between $15 and $20 billion, making this IPO potentially bigger than Facebook’s…. Read More
Health care professionals in Egypt conduct a stakeholder analysis to help spell out governance principles for Egyptian hospitals. A hip replacement in the United States, paid for out-of-pocket (i.e., without health insurance), would cost anywhere from $11,000 to $125,000, depending on what hospital you go to, according to a 2013 survey of 100 hospitals featured… Read More
2012-2013 1st Place Winner, Democratic Governance category. By Seyedbehzad Ghafarizadeh (Iran/Canada). Can you create a picture that’s worth a thousand words? Cartoons have an unparalleled ability to communicate universal ideas across cultures and language barriers. Cartoonists have long played a key role in the development of democracy — from the American and French revolutions through to defending media… Read More
Without a strong compliance program, many smaller Russian firms could be locked out of lucrative contracts with big multinationals. By Henry Nelson In countries with weak rule of law, anti-corruption efforts suffer from a collective action problem: because bribery and corruption are endemic and occur frequently, individual small business owners hesitate to reform because they… Read More
This article originally appeared on the Thomson Reuters TrustLaw Governance blog. Thailand lifted its state of emergency, and the February 2 elections have been annulled. Encouragingly, the leaders of the government and the opposition are signaling – albeit tentatively and obliquely – a willingness to negotiate an end to the country’s ongoing political crisis. But even… Read More
By Shrey Goyal, 2013 CIPE Blog Competition Winner. Read the other winning blogs here. A few months ago, the Global Corruption Barometer 2013 by Transparency International (TI) told us that 47 percent of Indians think corruption is a serious problem in our public sector, and 68 percent feel the government is ineffective against it, with… Read More