Corporate governance

State-owned enterprises in the marketplace

 

State-owned enterprises (SOEs) account for a significant portion of economic activity worldwide. What is more, they often operate in key sectors, such as utilities, infrastructure and finance, on which large portions of the private sector depend for their operations and downstream competitiveness.

 

Good governance of SOEs (including transparency and the state ownership function) is essential to ensure their contribution to economic efficiency and growth. It is also vital to maintain competitive neutrality (a "level playing field") between SOEs and private businesses when they compete in the marketplace.

 

OECD’s work on SOEs is carried out through the Corporate Governance Committee’s Working Party on State Ownership and Privatisation Practices, which oversees the implementation of the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

 

The Working Party periodically monitors and gathers data on the size and sectoral composition of national SOE sectors.

 

OECD does not as a rule recommend privatisation. However, if a government cannot or will not hold SOEs to high standards of governance and transparency then it should consider selling them. The Working Party monitors the privatisation programmes of OECD’s member and partner countries.

 

Regional networks

Our international dialogue on state-owned enterprises takes place via regional initiatives and programmes with individual economies.   

Asia

Latin America

Middle East and North Africa

Southern Africa

 

Contact

Any requests for information should be addressed to StateOwnedEnterprises@oecd.org.

    

2014 revision of the OECD Guidelines on Corporate Governance of State-Owned Enterprises

 

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The size and sectoral distribution of SOEs in OECD and partner countries (2014) | Dataset

 

Workshop on SOEs in the Development Process, Paris, 4 April 2014

 

Balancing commercial and non-commercial priorities of SOEs (2013)

 

Boards of directors of state-owned enterprises: An overview of national practices (2013)

 

Competitive neutrality: Maintaining a level playing field between public and private business (2012)

 

The size and composition of the SOE sector in OECD countries (2011)

 

Accountability and transparency: A guide for state ownership (2010)‌