The World Bank has published a series of reports on corporate governance as part of its project on the Reports on the Observance of Standards and Codes (ROSC). The corporate governance principles in its ROSC Reports are benchmarked against the OECD’s Principles of Corporate Governance (OECD...

Part I discusses the Acid Rain Report [National Acid Precipitation Assessment program 1990 Integrated Assessment Report], the ten-year scientific, technological and economic study mandated by the U.S. Congress and conducted at a cost of $570 million. This study found that ozone, not acid rain is...