Leveraging Private Capital and Political Action in the Fight Against Corruption

Leveraging Private Capital and Political Action in the Fight Against Corruption

Prague, Czech Republic, April 11, 2014 – This week the Baltic Institute of Corporate Governance (BICG) actively participated in the 3rd World Forum on Governance in Prague, which is an anti-corruption event organized by the Brookings Institution.

The Brookings Institution is a non-profit public policy organization based in Washington, DC which is consistently ranked as the most influential, most quoted and most trusted think-tank.

Topics discussed at this event included “The Struggle for Good Governance in Central and Eastern Europe”, “Promoting Best Practices in the Private Sector”, and “Government Reform and the Fight against Corruption.”

Over 60 international participants attended this high level conference, including U.S. Ambassador to Lithuania Deborah A. McCarthy and Kristian Kaas Mortensen, President of the BICG.

Ambassador McCarthy commented: “As President Obama has said, the fight against corruption ‘is one of the great struggles of our time.’  It is our joint responsibility to fight corruption.  I look forward to working with the BICG to further encourage good governance and transparency in Lithuania.”

“Creating transparency in private companies and the public sector is one of the best methods to fight and avoid corruption, and at this event we further developed our toolbox to take on this task,” said Kristian Kaas Mortensen.

“While the Baltic region has improved in the areas of better governance and fighting corruption over the past 5 years, the Institute is committed to actively taking a continued leadership role in these areas. This is why the Institute actively participates in events such as this,” finishes Mr. Mortensen.

About the Institute:

Baltic Institute of Corporate Governance is an internationally recognized driver of best practice corporate governance development in the Baltic region. We deliver value to our stakeholders by promoting global competitiveness of Baltic companies through adoption of leading corporate governance practices. The Institute is a regional affiliate of the Global Corporate Governance Forum.

Contacts:
President, Kristian Kaas Mortensen
Association “Baltic Institute of Corporate Governance”
Jogailos st. 4, LT-01116 Vilnius, Lithuania
Phone: +370 6111 33 44
Email: km@corporategovernance.lt

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