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A forum for the exchange of experiences related to privatisation and state owned enterprise reform... The OECD's work on the corporate governance of state owned assets falls under the remit of the Working Group on Privatisation and Corporate Governance of State Owned Assets. This Group replaced the Advisory Group on Privatisation in 2000, renaming itself to better reflect the scope of its activity in relation to the issues facing member countries.
How the Working Group started... In 2002, the OECD Steering Group on Corporate Governance asked the Working Group to develop a set of non binding guidelines for SOEs, as a complementary instrument to the revised OECD Principles of Corporate Governance. Based on and fully compatible with the Principles, they are explicitly oriented to issues that are specific to the corporate governance of SOEs. After extensive consultations, the OECD Guidelines on Corporate of State Owned Enterprises were adopted by the OECD Council in 2005.
Objectives: • To monitor, analyse and disseminate member country information and data on privatisation policies, programmes, methods and results of privatisation, state owned enterprise reform and public/private sector partnerships; • To serve as a pool of expertise for member and non-member countries in order when designing, adjusting or implementing their reform programmes; • To guide the process of dialogue on these issues with non-member economies.
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