Action Plan

Overview

In November 2002, the Lebanon Corporate Governance Task Force (LCGTF) was established as a Lebanese Transparency Association initiative. The Task Force is composed of prominent representatives from the Lebanese private and public sectors, as well as from civil society. The Task Force will adapt and implement corporate governance principles through the dissemination of knowledge, the adaptation of international trends and literature, and the representation of the Lebanese private sector on regional and international levels.

Statement of Objectives

The LCGTF members meet regularly in order to identify structural and functional innovations in the Lebanese private sector and to promote and enhance productivity, growth, job creation, and the development of the banking and financial markets. The Task Force aims to assess the current status and practice of public and corporate governance principles in Lebanon and to provide recommendations on how to implement higher business standards and better governance practices at the financial market's level (Publicly listed companies), the private level (SMEs, FOEs) and the public level (SOEs). The whole process takes place in a context of democracy, transparency and good communication.

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