OECD Home › Directorate for Financial and Enterprise Affairs › Publications & Documents
Publications & Documents
17-February-2011
English, , 490kb
This note was prepared for the Eurofi/G20 high-level seminar on the benefits and challenges of a long term perspective in financial activities, held in Paris on 17-18 February 2011. The note outlines the benefits of long-term investing to growth, sustainable development and financial stability, and the barriers which may be preventing institutional investors from acting over extended time frames.
Vigorous competition stimulates productivity and the innovation that is vital for fostering new sources of growth and competitiveness. It prevents market capture by incumbents or large firms. Competitive markets create new employment opportunities, and increase the access of consumers to cheaper and better quality products. Fair competition is one of the oldest pillars of economic progress, according to OECD Secretary-General.
16-February-2011
English, , 266kb
New restrictions on the short selling of sovereign debt have been proposed in response to major threats to financial market stability and market confidence. This article voices the concerns of debt managers that the proposed changes could push their borrowing costs up.
8-February-2011
Spanish, , 435kb
This document contains the official text and commentaries of the 1997 Convention, the 2009 Recommendation of the Council for Further Combating Bribery and the 2009 Recommendation on the Tax Deductibility of Bribes to Foreign Public Officials.
Also Available
7-February-2011
English, , 493kb
This article looks at the types of risks that may be associated with complex financial groups and analyses the available policy options for satisfying the core policy objectives of safety and soundness, systemic stability, and conduct of business.
Related Documents
7-February-2011
English, , 297kb
Ten years ago, corporate governance was a nascent concept in the Middle East and North Africa (MENA). This article charts the evolution of corporate governance across the MENA region over this time and proposes potential avenues for future work in this area.
Related Documents
3-February-2011
English, , 347kb
Europe has been beset by an interrelated banking crisis and sovereign debt crisis. Bond spreads faced by Greece and Ireland, and to a lesser extent Portugal followed by Spain, have increased. This paper explores these issues from the perspective of financial markets, focusing mainly on the four countries in the frontline of these pressures: Greece and Portugal, on the one hand, where the problems are primarily fiscal in nature; and
Related Documents
This review of corporate governance in Chile describes the corporate governance setting including the structure and ownership concentration of listed companies and the structure and operation of the state-owned sector. It also examines the legal and regulatory framework and company practices.
2-February-2011
English, , 691kb
This paper provides a detailed chronological account of the governance-cum-management reform of National Pension Fund in Korea and analyzes its success factors, drawing lessons for other countries. A review of the current governance structures with the fund versus OECD guidelines and international good practice is also provided, along with suggestions for further reform.
The Chair of the OECD's Working Group on Bribery has expressed concern that the entry into force of the new Bribery Act is to be delayed.
Countries list
Topics list
Follow us
E-mail Alerts Blogs