Organised in Paris on 18 June 2007, the annual OECD Roundtable on Corporate Responsibility focused on corporate responsibility practices and instruments in the financial sector.
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Investment Newsletter, No. 4 highlights recent and ongoing work at the OECD addressing the new challenges of a global international investment environment. It includes articles reporting the latest FDI trends, a summary on progress made in our ‘freedom of investment’ project, an overview of newly developed OECD Principles for Private Sector Participation in Infrastructure and the key findings from recent analytical work exploring the
Freedom of Investment, Investment Environment, and Social Responsibility was one of the key themes at the annual summit of the Group of Eight leading industrialised nations (G8) which took place in Heiligendamm, Germany, from 6-8 June 2007. The G8 Summit Declaration called for continuation of the OECD Investment Committee's project on Freedom of Investment, National Security and "Strategic" Industries, additional non-member adherences
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Governments have long been engaged in providing goods or services to their citizens that could, in some form, be provided by the private sector. The trend over the past few decades, however, has been to transfer these functions, and the state-owned assets used to provide them, to private hands. The most common method, and the one usually preferred, is privatisation, or outright sale or transfer of ownership of the relevant assets to
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Cartels are agreements among competitors fixing prices, allocating markets or rigging tenders (bids). They are the most harmful of all types of competition law violations and should be sanctioned severely. Cartel cases are unique. The most important part of a cartel case is simply proving that such an agreement existed. But getting direct evidence of a cartel agreement can be difficult. Cartel operators work in secret and often do not
Given the growing complexity of bribe schemes in today’s globalised markets, the problem is how to identify corruption in public procurement so governments can work toward effective prevention and apply sanctions if necessary. This report throws light on the shadowy mechanisms and patterns of bribery in public procurement, and offers insider expertise that governments and international organisations can use to improve their
Organised in Helsinki on 21-22 May 2007, this seminar focused on recent developments in Russia’s business climate and investment policy, international investment in the energy sector and policies to promote responsible business conduct and the role of the OECD Guidelines for Multinational Enterprises.
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These guidelines, approved as an OECD Recommendation by the Council, set out good practices in the area of pension funding and benefit security. They cover regulatory issues such as the valuation of pension liabilities, funding rules, the role of insolvency guarantee arrangements and creditor rights of pension plan beneficiaries in case of insolvency of the company that sponsors the pension plan.
G8 Labour and Employment Ministers met in Dresden on 6-8 May 2007 to discuss the opportunities and challenges that globalisation brings with it for the working world. In referring to the contribution companies can make to shaping the social dimension in a world economy of ongoing globalisation, the G8 Chair's conclusions strongly emphasised the role of the OECD Guidelines for Multinational Enterprises.
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This overview of the OECD Guidelines for Multinational Enterprises was prepared for the meeting of G8 Labour and Employment Ministers which took place on 6-8 May 2007 in Dresden, Germany,