The Corporate Governance Initiative (CGI) for Bulgaria is a
coalition of Bulgarian non-governmental organisations established in the
beginning of 1999 by the Association of Industrial Capital, the Association of
Voluntary Pension Funds, the Center for Economic Development, the Center for
the Study of Democracy, the Investors’ Union, and the Securities Holders
Association. The main objective of CGI is to facilitate the adoption of
relevant corporate governance standards and procedures that would ensure accountability,
transparency and control in the economy.
The initiative includes two main focus areas:
Facilitating the adoption of modern corporate governance principles through regular diagnostics of needs and analysis of existing corporate governance structures.
Promoting public awareness of corporate governance
principles and their practical importance in view of the effective operation of
companies and for ensuring accountability, transparency and protection of
shareholders’ rights through public education, advocacy and dissemination.