In 2007, Russia’s international investment flows reached record highs, making Russia one of the world’s largest recipients and sources of FDI. Russia's potential for attracting even more international investment can be improved by strengthening beneficial competition and offering additional opportunities for investment. Disseminating international standard business practices among Russian firms can also boost the country's
Organised in Paris on 27 June 2008, this seminar aimed to initiate a continuing dialogue and the establishment of a network for sharing information on best practices of environmentally responsible business conduct among Chinese enterprises.
Organised in Paris on 26-27 June 2008, this symposium discussed a report outlining China’s recent progress in encouraging responsible business conduct, examined remaining challenges and offered proposals for advancing work in this area.
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Investment Newsletter No.7 focuses on recent developments in foreign direct investment (FDI) in OECD countries. FDI outflows from OECD countries in 2007 leapt to a record USD 1.82 trillion from USD 1.2 trillion in 2006 but are projected to fall sharply in 2008.
Organised in Paris on 23-24 June 2008, this year’s roundtable was devoted to a high-level policy dialogue between governments, business, labour and other stakeholders around the theme “Employment and Industrial Relations: Promoting Responsible Business Conduct in a Globalising Economy”.
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An overview of the unique status and characteristics of the OECD Guidelines for Multinational Enterprises, the ILO Tripartite Declaration of Principles Concerning Multinational Enterprises and Social Policy and the UN Global Compact. These instruments complement privately-developed corporate social responsibility (CSR) initiatives and are key expressions of the broader systems of public and private governance from which the private
In his opening remarks delivered at the ICGN conference, Mr. Gurría noted that the recent global financial crisis and the ensuing impact on global economic confidence and growth prospects had highlighted the great relevance of corporate governance, and the key contribution it can make to stabili
The regulatory framework should allow the developments of shareholders’ activism and any intervention aimed at addressing specific policy issue should be informed by careful analysis about the nature of the issue and about the costs and benefits of proposed policy actions.
This event, which took place in Hong Kong, China, on 13-14 May 2008, focused on effective monitoring of related-party transactions which are seen as one of the most serious breaches of good corporate governance around the world.
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On 5 May 2008, the OECD and the International Organization for Standardization (ISO) concluded a Memorandum of Understanding with a view to ensuring that the proposed ISO 26000 Standard on Social Responsibility and related activities are consistent with and complement the OECD Guidelines for Multinational Enterprises.