Share

Reports


  • 30-June-2020

    English

    Corporate Governance in Costa Rica

    This review of Corporate Governance in Costa Rica was prepared as part of Costa Rica’s accession process for OECD membership. During the three-year period of the review, the government made substantial progress in strengthening its institutional and legal framework in line with the G20/OECD Principles of Corporate Governance and OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs). The report evaluates Costa Rica’s corporate governance policies and practices for both listed and state-owned companies. It finds that while Costa Rica’s capital markets are quite small, its framework for corporate governance of listed companies is largely consistent with the Principles. Costa Rica has seen particular progress in issuing a new corporate governance code and requirements related to ownership disclosure. For SOEs, which play a key role in the Costa Rican economy, the Presidency has taken important steps to establish a co-ordinating unit which has spearheaded numerous reforms. These reforms include issuing a government ownership policy, more transparent and structured appointments of SOE board members (while removing politicians from boards), and reporting on SOEs’ performance. To further strengthen SOE performance and accountability, the report recommends additional steps to improve board practices, clarify performance objectives and implement International Financial Reporting Standards.
  • 3-June-2020

    English

    Duties and Responsibilities of Boards in Company Groups

    This publication provides an overview of the duties and responsibilities of boards in company groups across 45 jurisdictions. The introduction outlines the global landscape of company groups, their economic role and the principal challenges they present with respect to corporate governance polices. Part I develops a typology of legal and regulatory approaches that jurisdictions have taken to address these challenges. Part II highlights differences and commonalities across jurisdictions, especially as they relate to: how directors may take into account group interests; procedures for managing conflicts of interest; compensating losses incurred by a group company for the benefit of the group; transparency around group purposes and allocation of business opportunities; and allocation of responsibility for company policy and oversight between parent and subsidiary boards. Additional chapters offer case studies of recent and specific approaches to company group governance in Colombia, India, Israel and Korea.
  • 12-May-2020

    English

    Testing the evidence, how good are public sector responsiveness measures and how to improve them?

    This paper analyses two common uses of the responsiveness concept in the public management and political science literature: external political efficacy and satisfaction with health and education services. The decline of people sense of influence in public affairs and perceptions about the quality of public services are two key concerns affecting policymaking. The fact that responsiveness measures are increasingly being collected in non-official and official household surveys and the range of covariates available make it possible to test their statistical accuracy. Accuracy encompasses both reliability (i.e. if the measure produces consistent information over time) and validity (i.e. if the measure reflects the underlying concept being measured). This paper finds good evidence on the accuracy of political efficacy measures. Although no sufficiently strong evidence on the accuracy of satisfaction with health metrics is stronger than for education services signaling the relevance of other aspects such as direct exposure to the service and its intensity, as well as the different attributes shaping satisfaction levels. Findings from this paper support some of the conclusions in the Responsiveness chapter of the UN Citi Praia Handbook on Governance Statistics.
  • 30-April-2020

    English, PDF, 1,549kb

    FDI in Figures, April 2020

    30/04/2020 - Global FDI increased in 2019 but was still struggling when COVID-19 hit. Despite an increase of 12% in 2019 to USD 1 426 billion, global FDI flows remained below levels recorded between 2010 and 2017. Compared to 2017, FDI flows decreased by 15%, continuing the downward trend observed since 2015.

    Related Documents
  • 22-April-2020

    English

    El COVID-19 y la Conducta Empresarial Responsable

    La crisis de COVID-19 ha impactado la economía, las personas y el planeta. La adopción de un enfoque de conducta empresarial responsable en las respuestas gubernamentales y empresariales frente a la crisis, generará beneficios a corto y largo plazo, como una mayor capacidad de recuperación, una distribución más justa e inclusiva de los beneficios de las medidas de recuperación y una contribución más fuerte al desarrollo sostenible.

    Related Documents
  • 16-April-2020

    English

    COVID-19 and Responsible Business Conduct

    This reviews the challenges the coronavirus (COVID-19) crisis presents for business behaviour and outlines initial responses by governments and companies. It describes the rationale and method for adopting a responsible business conduct approach to address the crisis and sets down the potential short-term and long-term benefits of such an approach.

  • 10-March-2020

    English

    Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments

    The OECD Guidelines on Corporate Governance of State-Owned Enterprises have provided an internationally agreed benchmark to help governments assess and improve the way they exercise their ownership functions since 2005. This report documents changes in state ownership and SOE governance in both OECD and partner economies and assesses the extent to which the Guidelines have served as a 'roadmap for reform' in individual countries since 2015, following the most recent update of the Guidelines. Drawing on practices in up to 31 jurisdictions, it covers organising the state enterprise ownership function; safeguarding a level playing field between SOEs and private businesses; equitable treatment of shareholders and other investors; stakeholder relations and responsible business; transparency and disclosure practices; and professionalising boards of directors. The report supports policy makers by facilitating greater awareness and more effective implementation of the Guidelines.
  • 27-February-2020

    English

    OECD Trust in Business Initiative

    Generating trust is a key factor for establishing conditions of economic development, including the efficient allocation of capital, innovation, productivity and business relationships. This initiative is a platform for leaders to catalyse good corporate conduct, examine market incentives for business decision-making and respond to the expectations of society in meeting current and future challenges.

    Related Documents
  • 27-February-2020

    English

    Systemic Thinking for Policy Making - The Potential of Systems Analysis for Addressing Global Policy Challenges in the 21st Century

    We live in a period of profound systemic change, and as in similar periods in the past, there is bound to be considerable instability and uncertainty before the new society and economy take shape. We have to identify actions that will shape change for the better, and help to build resilience to the inevitable shocks inherent in, and generated by, the complex system of systems constituted by the economy, society and the environment. These challenges require updating the way policies are devised and implemented, and developing more realistic tools and techniques to design those policies on the basis of appropriate data. In Systemic Thinking for Policy Making world experts from the OECD and International Institute for Applied Systems Analysis (IIASA) pool their expertise and experience to propose new approaches to analysing the interconnected trends and issues shaping today’s and tomorrow’s world. The authors argue that to tackle planetary emergencies linked to the environment, the economy and socio-political systems, we have to understand their systemic properties, such as tipping points, interconnectedness and resilience. They give the reader a precise introduction to the tools and techniques needed to do so, and offer hope that we can overcome the challenges the world is facing.
  • 18-February-2020

    English

    Corporate Bond Market Trends, Emerging Risks and Monetary Policy

    18/02/2020 - After a return to more expansionary monetary policies in early 2019, the world’s non-financial corporations borrowed an additional USD 2.1 trillion in the form of corporate bonds. Adding this to the unprecedented build-up of corporate bond debt since 2008 means that the global outstanding stock of non-financial corporate bonds at the end of 2019 reached an all-time high of USD 13.5 trillion. Read the full report.

    Related Documents
  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 > >>