Publications & Documents


27-February-2009

English, , 207kb

Corporate Governance Lessons from the Financial Crisis

The Report examines the experience of a number of financial institutions and concludes that the financial crisis can be to an important extent attributed to failures and weaknesses in corporate governance arrangements. The risk management systems have failed in many cases due to corporate governance procedures rather than technical problems. Remuneration systems have amplified such risk management weaknesses. The responsibility for

16-February-2009

English

OECD’s Gurría welcomes G7 move to establish set of ethical principles on global business

OECD Secretary-General Angel Gurría has welcomed the decision by G7 Finance Ministers to work towards setting up a set of common principles on integrity, transparency and propriety in global financial and business transactions.

13-February-2009

English

The need for a global standard

In his remarks delivered in Rome, Angel Gurría has welcomed the decision by G7 Finance Ministers to work towards setting up a set of common principles on integrity, transparency and propriety in global financial and business transactions.

Related Documents

9-February-2009

English

The financial and economic crisis and the OECD strategic response

At a meeting with Slovak Economists, Mr. Gurría underlined that the OECD has developed a strategic response to deal with the current situation, while at the same time addressing the interaction between different policy actions in our economies.

5-February-2009

English

Asian Roundtable Task Force on Related Party Transactions

This meeting focused on finding solutions for detecting and curbing abusive related party transactions – one of the most serious corporate governances failures. Participants discussed policy options, including assessing strengths and weaknesses of various regulatory approaches, tightening enforcement and facilitating a change in culture and practice, particularly in the boardroom.

28-January-2009

English

Dealing with the crisis: reforms that will put us back on a path of growth, innovation and sustainability

According to Mr. Gurría, the crisis has led to some major new thinking, about regulation and markets, about accountability and ethics, and about the kind of economy we need to build. Our strategy is about devising better policies, better regulations and better institutional frameworks that enable businesses to flourish and public interests to be safeguarded in a stronger, cleaner and fairer world economy.

Related Documents

27-January-2009

English

The world needs to rewrite the rules of finance and global business

Angel Gurría shares his views about issues on the 2009 Davos agenda. Beyond short-term expediency, politicians must figure out how to set a long-term course for the global economy. Along with more effective regulation, we need fairer social policies and an end to the bottlenecks that block competition and innovation and hamper sustainable growth. We must also find ways for governments to exit from their massive emergency interventions

26-January-2009

English, , 435kb

State Owned Enterprises in India: Reviewing the Evidence

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.

26-January-2009

English, , 409kb

State Owned Enterprises in China: Reviewing the Evidence

This study of State-Owned Enterprises (SOEs) in China examines trends in SOEs shares of the national economy, sectoral distribution, listing on stock exchanges and internationalisation.

22-January-2009

English

Business ethics and OECD principles: What can be done to avoid another crisis?

Mr. Gurría underlined that business ethics should be at the center of any new road-map for the global economy. Markets should not only be more stable, but morally acceptable as well. He said that it is time to reunite ethics and economics through a solid, transparent and updated set of rules.

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