OECD-Asia Network on Corporate Governance of State-Owned Enterprises

Better corporate governance of state-owned enterprises is key for economic growth and competitiveness in Asia.

In many Asian economies, state-owned enterprises (SOEs) are still significant economic players. Ensuring they operate efficiently, transparently and on equal footing with private companies is crucial for economic growth and competitiveness.

The OECD-Asia Network on Corporate Governance of State-Owned Enterprises provides a forum for government representatives and relevant non-governmental stakeholders from 16 economies in Asia to share experiences, identify good practices and develop recommendations for reform to improve state ownership practices and strengthen the corporate governance of state-owned enterprises SOEs. Its overarching objectives are to:

• Raise awareness of all concerned constituencies on the importance of sound corporate governance of SOEs and related challenges;

• Evaluate current SOE corporate governance policy frameworks and practices, and benchmark these against international good practice as described in the OECD Guidelines on Corporate Governance of SOEs;

• Influence policy making by providing a forum in which policy makers, practitioners and experts can share knowledge and experience among themselves and with their OECD peers; and

• Support viable and effective reforms in the area of SOE corporate governance, by discussing and analysing policy options, developing relevant recommendations and agreeing on reform priorities.

The Asia SOE Network was first established in 2006 and then relaunched in 2015 with the support of the government of Korea. As before, the new phase of the Network seeks to identify common challenges related to state-owned enterprise ownership and governance, to share good practices and to develop recommendations for effective reform. The intention is also to use the Network to issue topical studies on SOE governance and reform comparing the practices of participating countries, based on the discussions at the Network meetings. 

PARTICIPATING INSTITUTIONS

MEETINGS

10th meeting, Kuala Lumpur, 19-20 September 2017

9th meeting, Seoul, 6-7 December 2016

8th meeting, Hanoi, 16-17 November 2015

7th meeting, Bandung, 3-4 July 2012

6th meeting, Seoul, 17-18 May 2011

5th meeting, Kuala Lumpur, 24-25 May 2010

4th meeting, Bangkok, 20-21 May 2009

3rd meeting, New Delhi, 25-26 June 2008

2nd meeting, Cebu, 19-20 April 2007

1st meeting, Singapore, 15-16 May 2006

DOCUMENTS AND LINKS

SOEs in Asia: National Practices for Performance Evaluation and Management

Policy brief on corporate governance of SOEs in Asia

OECD Guidelines on Corporate Governance of SOEs

State-owned enterprises in the development process

Boards of directors of SOEs: An overview of national practices

Competitive neutrality: Maintaining a level playing field between public and private business

Accountability and transparency: A guide for state ownership

Asian Roundtable on Corporate Governance

OECD work on state-owned enterprises in the marketplace

CONTACT US

For further information, contact
Korin Kane (korin.kane@oecd.org)