Efficacy of corporate boards

scale 1-7, 2007–2016

Info Edit
    2007 Ranking
    1. Sweden 6.09
    2. United Kingdom 5.92
    3. Australia 5.81
    4. South Africa 5.73
    5. Denmark 5.72
    6. Germany 5.69
    7. Finland 5.67
    8. New Zealand 5.65
    9. Austria 5.63
    10. Netherlands 5.62
    11. Singapore 5.61
    12. Canada 5.57
    13. Norway 5.55
    14. Chile 5.53
    15. Ireland 5.50
    16. United States 5.47
    17. Iceland 5.43
    18. Belgium 5.41
    19. Switzerland 5.41
    20. Malaysia 5.39
    21. Zambia 5.38
    22. France 5.37
    23. Indonesia 5.36
    24. Hong Kong 5.34
    25. Puerto Rico 5.28
    26. Luxembourg 5.26
    27. Israel 5.23
    28. Slovakia 5.23
    29. South Korea 5.21
    30. Japan 5.16
    31. Estonia 5.06
    32. India 5.03
    33. Czech Republic 5.03
    34. Spain 5.00
    35. Nigeria 4.97
    36. Costa Rica 4.97
    37. Russia 4.96
    38. Qatar 4.95
    39. Zimbabwe 4.91
    40. Mauritius 4.88
    41. Bahrain 4.88
    42. Barbados 4.85
    43. Colombia 4.85
    44. Thailand 4.83
    45. Kenya 4.82
    46. Tunisia 4.81
    47. Kazakhstan 4.79
    48. Latvia 4.78
    49. Jordan 4.78
    50. Portugal 4.77
    51. Jamaica 4.77
    52. Slovenia 4.75
    53. Saudi Arabia 4.73
    54. Lithuania 4.73
    55. Philippines 4.73
    56. Malta 4.72
    57. Hungary 4.72
    58. Panama 4.69
    59. Sri Lanka 4.68
    60. Peru 4.68
    61. Argentina 4.67
    62. Brazil 4.63
    63. Namibia 4.62
    64. Mexico 4.61
    65. Kuwait 4.61
    66. Trinidad and Tobago 4.59
    67. United Arab Emirates 4.59
    68. El Salvador 4.58
    69. Guatemala 4.57
    70. Botswana 4.56
    71. Tanzania 4.56
    72. Montenegro 4.56
    73. Cambodia 4.55
    74. Benin 4.53
    75. Gambia 4.52
    76. Uganda 4.51
    77. Honduras 4.49
    78. Vietnam 4.46
    79. Burkina Faso 4.46
    80. Romania 4.45
    81. Croatia 4.40
    82. Syria 4.39
    83. Egypt 4.39
    84. Nicaragua 4.37
    85. Oman 4.36
    86. Uruguay 4.35
    87. Turkey 4.34
    88. Senegal 4.32
    89. Italy 4.32
    90. Tajikistan 4.29
    91. Albania 4.29
    92. Venezuela 4.29
    93. Bulgaria 4.27
    94. Guyana 4.25
    95. Mali 4.25
    96. Azerbaijan 4.25
    97. Ukraine 4.24
    98. Ethiopia 4.22
    99. Greece 4.17
    100. Mauritania 4.17
    101. Morocco 4.15
    102. Madagascar 4.14
    103. Poland 4.13
    104. Burundi 4.12
    105. Georgia 4.12
    106. Ecuador 4.08
    107. Mongolia 4.07
    108. Serbia 4.06
    109. Armenia 4.04
    110. Mozambique 4.03
    111. China 4.01
    112. Bosnia and Herzegovina 4.01
    113. Algeria 4.00
    114. Macedonia (F.Y.R.O.M.) 3.99
    115. Nepal 3.98
    116. Paraguay 3.96
    117. Cyprus 3.95
    118. Bolivia 3.94
    119. Cameroon 3.90
    120. Kyrgyzstan 3.89
    121. Lesotho 3.87
    122. Bangladesh 3.85
    123. Dominican Republic 3.84
    124. Timor Leste 3.66
    125. Pakistan 3.57
    126. Libya 3.39
    127. Chad 3.29
    2016 Ranking
    1. New Zealand 6.34
    2. Norway 6.27
    3. South Africa 6.27
    4. Sweden 6.24
    5. Finland 6.20
    6. Austria 6.14
    7. Denmark 6.13
    8. Switzerland 6.12
    9. Luxembourg 6.09
    10. France 6.06
    11. Singapore 6.05
    12. Australia 6.04
    13. Netherlands 6.03
    14. Ireland 5.99
    15. United States 5.96
    16. Canada 5.91
    17. Belgium 5.90
    18. United Kingdom 5.87
    19. United Arab Emirates 5.77
    20. Japan 5.72
    21. Estonia 5.68
    22. Germany 5.68
    23. Qatar 5.66
    24. Iceland 5.63
    25. Czech Republic 5.60
    26. Lithuania 5.59
    27. Rwanda 5.52
    28. Israel 5.51
    29. Malaysia 5.46
    30. Colombia 5.44
    31. Gabon 5.42
    32. Hong Kong 5.37
    33. Guatemala 5.34
    34. Mauritius 5.27
    35. Peru 5.23
    36. Bahrain 5.22
    37. Chile 5.21
    38. Honduras 5.21
    39. Jamaica 5.19
    40. Spain 5.18
    41. Panama 5.16
    42. Kenya 5.15
    43. Philippines 5.11
    44. Slovakia 5.11
    45. Oman 5.10
    46. Poland 5.10
    47. Ecuador 5.10
    48. Nigeria 5.08
    49. Uganda 5.06
    50. Saudi Arabia 5.06
    51. Botswana 5.05
    52. Mexico 5.04
    53. Zambia 5.04
    54. Latvia 5.04
    55. Ghana 5.04
    56. Turkey 5.00
    57. Sri Lanka 5.00
    58. Gambia 4.98
    59. Malawi 4.95
    60. Uruguay 4.95
    61. Malta 4.95
    62. Bhutan 4.95
    63. Costa Rica 4.94
    64. Namibia 4.92
    65. Barbados 4.92
    66. Macedonia (F.Y.R.O.M.) 4.92
    67. Indonesia 4.89
    68. Cameroon 4.87
    69. Venezuela 4.87
    70. Bulgaria 4.86
    71. Kazakhstan 4.85
    72. Russia 4.84
    73. Dominican Republic 4.84
    74. Benin 4.80
    75. Burundi 4.79
    76. Georgia 4.79
    77. Morocco 4.78
    78. El Salvador 4.76
    79. Ivory Coast 4.76
    80. Armenia 4.75
    81. Albania 4.75
    82. Zimbabwe 4.74
    83. Congo (Kinshasa) 4.69
    84. Portugal 4.68
    85. Senegal 4.68
    86. Slovenia 4.68
    87. Thailand 4.67
    88. Brazil 4.66
    89. Trinidad and Tobago 4.65
    90. Croatia 4.65
    91. Argentina 4.61
    92. Tajikistan 4.60
    93. India 4.60
    94. Laos 4.59
    95. Azerbaijan 4.57
    96. Brunei 4.57
    97. Nepal 4.56
    98. Serbia 4.52
    99. Jordan 4.51
    100. Tunisia 4.45
    101. Mali 4.42
    102. Madagascar 4.42
    103. Paraguay 4.41
    104. Greece 4.41
    105. Nicaragua 4.39
    106. Lebanon 4.39
    107. Moldova 4.39
    108. South Korea 4.38
    109. Sierra Leone 4.38
    110. Hungary 4.35
    111. Cape Verde 4.34
    112. Tanzania 4.31
    113. Montenegro 4.26
    114. Cambodia 4.26
    115. China 4.25
    116. Bangladesh 4.22
    117. Kyrgyzstan 4.22
    118. Romania 4.17
    119. Italy 4.15
    120. Ukraine 4.15
    121. Mozambique 4.14
    122. Pakistan 4.13
    123. Bosnia and Herzegovina 4.09
    124. Bolivia 4.08
    125. Liberia 4.07
    126. Kuwait 4.06
    127. Iran 4.01
    128. Vietnam 4.00
    129. Cyprus 3.97
    130. Egypt 3.90
    131. Ethiopia 3.83
    132. Mongolia 3.70
    133. Chad 3.65
    134. Lesotho 3.62
    135. Algeria 3.36
    136. Yemen 3.34
    137. Mauritania 2.19

    This index represents the average score from 1-7 given by a large sample group in a particular country in response to the following question: “How would you characterize corporate governance by investors and boards of directors?” (1 = management has little accountability to investors and boards, 7 = management is highly accountable to investors and boards).

    Source: World Economic Forum