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This report reviews the legal and regulatory landscape for disclosure of beneficial ownership and control in Asia. It compares enforcement practices in 10 Asian jurisdictions and provides guidance and good practices to support policy makers and regulators.
Paris, 8 March 2016: Organised on International Women's Day, the OECD hosted a conference to consider policy approaches to closing leadership gender gaps in the public and corporate sectors.
One of the main areas of OECD's work in the responsible sourcing of gold is to ensure that international standards do not further marginalise workers of the informal sector. This implies working on the formalisation of the Artisanal and Small-Scale Mining (ASM) sector.
I am pleased to join you today at the Forum of Arab Regulators on Corporate Governance. The OECD is deeply engaged in strengthening global economic governance by supporting the G7 and the G20, but also through regional initiatives with countries that do not participate in those fora.
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.
This Network was created in 2011 to enhance the governance of State-Owned Enterprises (SOEs) in the region through an ongoing exchange of experience and knowledge on SOE governance policies.
This report on the Public Procurement Service of Korea examines the effectiveness of its system, identifying good practices that can inspire reform efforts in other countries. In particular, the report highlights the efficiency gains achieved by implementation of a comprehensive e-procurement system and the savings generated by an integrated support for government-wide contracts. It also looks at how Korea is adopting a strategic and multi-dimensional approach to using public procurement in the support of small businesses and other social objectives. In identifying possible improvements to Korea’s system, recommendations include a more centralised look at workforce training and development issues and additional features for Korea’s e-procurement system, as well as a review of existing certification and preference programs.
As the demand for food increases, agriculture will continue to attract investment and new actors may be confronted with ethical dilemmas and find it difficult to implement responsible business conduct in their practices. In this context the OECD and the FAO are working together to develop due diligence guidance to help enterprises observe existing widely-supported standards for RBC along agricultural supply chains.
Corporate climate change disclosure is crucial for providing decision-makers with information that will enable them to integrate climate considerations into their analyses. This side event to the 21st session of the Conference of the Parties will focus on ways to strengthen corporate climate disclosure frameworks, and to scale up the use of corporate climate change-related information.
The Guidelines are supported by a unique implementation mechanism of National Contact Points which assists enterprises and their stakeholders to take appropriate measures to further the objectives of the Guidelines