This report describes the economic landscape of publicly listed family firms in Asia and looks at the importance of these entities to the region and beyond. It highlights how an effective corporate governance system can improve performance and create value by reducing the cost of equity and reducing capital waste.
The Asian Roundtable on Corporate Governance serves as a regional forum for exchanging experiences and advancing the reform agenda on corporate governance in Asia.
This review, which was prepared in response to Kazakhstan's 2012 request to adhere to the Declaration on International Investment and Multinational Enterprises (OECD Declaration), analyses the general framework for investment as well as most recent reforms, and shows where further efforts are necessary. It assesses Kazakhstan’s ability to comply with the principles of openness, transparency and non-discrimination and its policy convergence with the OECD Declaration, including responsible business conduct practices. Capitalising on the OECD Policy Framework for Investment, this review studies other policy areas that are of key relevance to investment such as SME policy, infrastructure development, trade policy as well as anti-corruption efforts. Since the first review of Kazakhstan, in 2012, the authorities have made strides in opening the country to international investment and in improving the policy framework for investment as part of their efforts to diversify the economy to avoid continued overreliance on oil. Additional policy measures are nevertheless required to create a stimulating environment for investment if the government wants to fulfil its goal of economic diversification and sustainable development.
English, PDF, 1,136kb
A sound corporate governance infrastructure should combine transparency, accountability and integrity. This requires knowledge of beneficial ownership and ownership and control structures in listed companies. This report reviews company practices regarding disclosure of beneficial ownership and control in Asia.
Defining the geographic scope of a market can be a challenging process for competition agencies. In November 2016, the OECD held a roundtable to identify challenges faced by agencies when delineating markets that may have national or broader borders, and discussed how those challenges are being overcome.
Governments can affect the way markets function, sometimes to the detriment of free competition. Ensuring a level playing field is therefore essential to allow competition to work properly. This page gathers the work of the OECD Competition Committee throughout the years on the challenges arising from state interventions in the market and what competition authorities can do to address the distortions that they can create.
Financial literacy is a core life skill for participating in modern society. Children are growing up in an increasingly complex world where they will eventually need to take charge of their own financial future. Financial education should start as early as possible and be taught in schools.