Effective corporate governance has an important role to play in achieving broader economic objectives with respect to investor confidence, capital formation and allocation. The quality of corporate governance affects the cost for companies to access capital for growth and the confidence with which those that provide capital, such as, the EBRD and other development and multilateral entities, take their decisions. This panel will discuss: • Why corporate governance for the EBRD and other development and multilateral entities differs considerably form general corporate governance • In what particular areas of corporate governance are they currently putting greater focus, internally and as investors/lenders • Does good corporate governance encourage or constrain risk-taking in the EBRD and other development and multilateral entities? • How the EBRD and other development and multilateral entities analyze and evaluate the corporate governance of their clients