The State continues to remain an important shareholder in listed companies worldwide, especially among emerging economies, which rely increasingly on mixed-ownership models. With the benefit of hindsight and more recent examples, this book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails. Drawing from the experiences of five economies (People's Republic of China, India, New Zealand, Poland and Turkey), the book concludes that broadened ownership generally has a positive impact on the governance and performance of these companies. However, country practices show that the act of listing cannot guarantee that these companies are completely averse to State interests; and deviations from sound corporate governance practices, as enshrined in the OECD Guidelines on Corporate Governance of SOEs, can in some cases, raise concerns with regards to non-State shareholder rights, commercial orientation, board independence, conflicting State objectives, transparency, disclosure and more.
29-30 October, Bangkok - The 2015 Roundtable will focus on family-businesses in Asia, institutional investors, disclosure of beneficial ownership and control. It will also discuss the progress made so far in implementing the Roundtable's recommendations.
This policy dialogue aims to deepen policy discussions between the OECD and key decision-makers in India. The first phase of the programme provides policy options on improving monitoring and prevention of abusive related party transactions.
This book presents the findings of an OECD policy dialogue with Indian stakeholders on policies to improve the monitoring and prevention of abusive related party transactions in India.
Mumbai, India - The 2014 Roundtable focused on improving public supervision and enforcement in Asia, the governance and performance of listed SOEs, risks and opportunities for family-owned business groups and the revision of the OECD Principles of Corporate Governance.
This publication reviews provisions covering related party transactions and the protection of minority shareholder rights in 31 countries. It includes in-depth reviews of Belgium, France, Italy, Israel and India.
The first meeting of the OECD-India Corporate Governance Policy Dialogue focused on understanding the various facets of related party transactions and designing an appropriate enforcement mechanism for abusive transactions.
The Investment Policy Review of India charts India's progress in developing an effective policy framework to promote investment for development, especially since the acceleration of economic reform from 1991 onward. It focuses on policies towards investment, trade, competition and other elements of the business environment. Finally, it outlines some of the challenges of implementing national-level reforms at state level.
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This study of State-Owned Enterprises (SOEs) in India examines trends in SOEs shares of the national economy, sectoral distribution, listing on stock exchanges and internationalisation.