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These Practical Actions can help companies identify, mitigate and account for the worst forms of child labour in their mineral supply chains. They build on the due diligence framework of the OECD Due Diligence Guidance.
Practical actions for companies to identify and address the worst forms of child labour in mineral supply chains is for use by companies to help them identify, mitigate and account for the risks of child labour in their mineral supply chains. It builds on the due diligence framework of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
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Global FDI flows decreased by 7% in 2016, despite recovering well in the second half of the year following a weak second quarter, according to the latest issue of FDI in Figures. Flows remained below their pre-crisis peak, representing 2.2% of global GDP compared to 3.6% in 2007.
Established in 1999, the OECD-Asian Roundtable on Corporate Governance serves as a regional forum for exchanging experiences and advancing the reform agenda on corporate governance while promoting awareness and use of the OECD Principles of Corporate Governance.
The OECD Secretary-General’s High Level Advisory Group on Anti-Corruption and Integrity (HLAG) is composed of experts on anti-corruption and integrity from a wide variety of professional backgrounds and regions. The members have provide their advice to the Secretary-General independently, without any vested interests in the outcome.
The 2017 edition of the Factbook describes corporate governance practices in 47 countries by providing an easily accessible and up-to-date, factual underpinning for understanding countries’ institutional, legal and regulatory frameworks. It complements the G20/OECD Principles of Corporate Governance by tracking how countries are actually implementing them.
The OECD's Integrity Review of Mexico is one of the first peer reviews to apply the new 2017 Recommendation of the Council on Public Integrity. It assesses i) the coherence and comprehensiveness of the evolving public integrity system; ii) the extent to which Mexico’s new reforms cultivate a culture of integrity across the public sector; and iii) the effectiveness of increasingly stringent accountability mechanisms. In addition, the Review includes a sectoral focus on public procurement, one of the largest areas of government spending in the country and is considered a high-risk government activity for fraud and corruption. The OECD finds that Mexico’s recent integrity reforms have the potential to be "game-changers" in the country’s fight against corruption, however, ensuring successful implementation remains the main challenge going forward. As such, the Review provides several proposals for action aimed at strengthening institutional arrangements and improving vertical and horizontal co-ordination, closing remaining gaps in various existing legal/policy frameworks (protection for whistle-blowers, risk management, administrative disciplinary procedures, etc.), as well as supporting awareness-raising and capacity-building efforts to instill integrity values and ensure the sustainability of reforms.
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Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios.
Promoting responsible business conduct (RBC) in the financial sector is vital to building a sustainable global economy. Although the Guidelines’ due diligence recommendations can help financial institutions, the inherent complexities in the sector create challenges. This multi-stakeholder project aims to develop a guidance that will clarify the potential approaches for application of due diligence for RBC in the sector.
The Review of Corporate Governance in Latvia was prepared as part of the process of Latvia’s accession to OECD Membership. The report describes the corporate governance setting for both listed companies and the state-owned sector (SOEs). The Review then examines the legal and regulatory framework and company practices to assess the degree to which the recommendations of the G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises have been implemented. The report finds that Latvia's framework for the corporate governance of listed companies is largely consistent with the Principles. However, the report recommends a series of measures to further strengthen the corporate governance framework, which could help to deepen its currently small capital market and attract investment. For SOEs, the report recognises considerable reforms undertaken during the accession review process to establish an ownership co-ordination unit and to begin re-establishing boards of directors (which had been abolished in 2009). The report calls for consolidation of these reforms and also stresses the importance of clarifying SOE objectives and strategies, and enhancing disclosure.