This report evaluates the corporate governance framework for the Colombian state-owned enterprise sector relative to the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report was prepared at the request of the Republic of Colombia. It is based on a review involving all OECD countries.
In the wake of the collapse of the Rana Plaza garment factory in Bangladesh in 2013, initiatives to strengthen regulation of global supply chains in the textile and garment sector have multiplied. Tackling the issues involved requires sustained collaboration among industry, government, worker organisations and civil society. This project aims to promote such collaboration as well as the harmonisation of existing standards in the sector.
First adopted in 2005 as an internationally-agreed standard on how governments should exercise ownership of SOEs, the Guidelines were updated in 2015 to take into account developments since their adoption and the experiences of the countries using them.
The OECD updated the OECD Principles of Corporate Governance to ensure their continuing high quality, relevance and usefulness, taking into account recent developments in the corporate sector and capital markets.
In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre.
With the world economy stuck in a low growth equilibrium, this is an opportune time to push responsibility to the forefront of our economies, to help put us on the path to stronger, greener and more inclusive growth.
This blog post John Morrison, Executive Director of the Institute for Human Rights and Business, discusses what the social responsibilities of sporting events should be and argues for greater oversight and due diligence at every stage of the mega-sporting events delivery process.
This blog post discusses how the UN Guiding Principles Reporting Framework, introduced in February 2015, help companies provide evidence of how they are conducting human rights due diligence: the process of assessing and addressing their human rights impacts, and tracking and communicating how well they do so.
English, PDF, 355kb
OECD work suggests that Slovenia’s model for economic growth has suffered from both corporate governance weaknesses and heavy reliance on state involvement in the economy. Despite some recent privatisation efforts, Slovenia’s degree of state ownership in the economy remains one of the highest in the OECD,
English, PDF, 397kb
The Japanese economy has for many years been characterised by a low corporate return on equity. Increasing returns requires better corporate governance that improves investment and the use of corporate resources, including cash holdings.