Corruption is one of the primary facilitators of refugee smuggling. In order to fight this crime, and help refugees safely realise their rights, the international community must understand the intricate connections between corruption and refugee smuggling.
The Latin American Corporate Governance Roundtable was established in April 2000 in order to facilitate public and private sector policy-dialogue by providing a forum for the exchange of experiences.
The recent surge in competition between state and private firms in global markets calls for a reflection on how to minimise any potentially distortionary effects on international trade and investment created by state enterprises while at the same time restraining any undue protectionist policy responses directed at them.
This report provides an overview of frameworks and experience in Latin America and internationally in dealing with the challenges associated with corporate governance of company groups. It describes their economic rationale, benefits and relevance in Latin America, and how they are defined, overseen and regulated. It also delves into some of the risks and more specific challenges involved in ensuring protection of minority shareholder rights and managing or minimising conflicts of interest within groups. It notes the rising importance of Latin American-based multinational company groups. Finally, it reviews existing international and regional guidance on corporate governance of company groups before assessing the more specific policy options and challenges in the region, and describing the conclusions reached by the Latin American Corporate Governance Roundtable and Task Force on Company Groups based on this report’s findings. Country-specific chapters provide more specific descriptions of the frameworks in place for corporate governance of company groups in Argentina, Brazil, Chile, Colombia, Mexico and Peru.
The OECD-Latin America Anti-Corruption Programme strengthens implementation and enforcement of international and regional anti-corruption conventions and promotes integrity in the Latin American region.