The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Fri, 05 Jun 2026 16:08:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png Comparing Regulation for Domestic Firms in Different Countries – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Comparing Regulation for Domestic Firms in Different Countries https://corpgov.law.harvard.edu/2011/12/03/comparing-regulation-for-domestic-firms-in-different-countries/?utm_source=rss&utm_medium=rss&utm_campaign=comparing-regulation-for-domestic-firms-in-different-countries https://corpgov.law.harvard.edu/2011/12/03/comparing-regulation-for-domestic-firms-in-different-countries/#comments Sat, 03 Dec 2011 13:59:32 +0000 http://blogs.law.harvard.edu/corpgov/?p=23312?d=20150113153357EST Posted by Noam Noked, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Saturday, December 3, 2011
Editor's Note:

The following post is based on the executive summary of Doing Business 2012: Doing Business in a More Transparent World, a co-publication of the World Bank and the International Finance Corporation. The lead author of the report is Sylvia Solf, program manager of the Doing Business project; more information about the team can be found here. The complete report, including omitted footnotes and figures from the summary, is available here.

Over the past year a record number of governments in Sub-Saharan Africa changed their economy’s regulatory environment to make it easier for domestic firms to start up and operate. In a region where relatively little attention was paid to the regulatory environment only 8 years ago, regulatory reforms making it easier to do business were implemented in 36 of 46 economies between June 2010 and May 2011. That represents 78% of economies in the region, compared with an average of 56% over the previous 6 years.

Worldwide, regulatory reforms aimed at streamlining such processes as starting a business, registering property or dealing with construction permits are still the most common. But more and more economies are focusing their reform efforts on strengthening legal institutions such as courts and insolvency regimes and enhancing legal protections of investors and property rights. This shift has been particularly pronounced in low- and lower-middle-income economies, where 43% of all reforms recorded by Doing Business in 2010/11 focused on aspects captured by the getting credit, protecting investors, enforcing contracts and resolving insolvency indicators.

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