Explain the focus areas of Global Corporate Governance Forum.

Global Corporate Governance Forum was established to promote initiatives to raise corporate governance standards and practices in developing countries and emerging markets, using the OECD Principles of Corporate Governance as the basis for its work in 1999. The focus areas of the Forum are as follows- raising awareness and building consensus for implementation of reform through meetings, briefings, policy papers, and conferences; sponsoring research relevant to the needs of developing countries to underpin reform efforts by sound analysis through sponsoring papers and building sustainable networks for academics in developing countries; disseminating best practice materials and publications and guidelines developed with leading global specialists and practitioners; and supporting institution and capacity building and providing technical assistance to ensure implementation at the field level through training programs, toolkits and other direct assistance.