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Dynamic capital markets, with new, influential actors emerging, are forcing policy makers to adapt regulatory frameworks or risk financial crisis. As the international standard-setter on corporate governance, the OECD is well-positioned to lead the corporate governance debate around the world. Angel Gurría, Secretary-General of the OECD, gave a keynote address on the progress of international corporate governance reform and next steps at this year’s International Corporate Goverance Network (ICGN) Annual Conference. The event focused on the globalisation of capital markets and its impact on corporate governance.
For over ten years, the OECD has worked with Asian countries, sharing expertise and best practices through the OECD-Asian Corporate Governance Roundtable. The Roundtable is a unique forum, bringing together the most prominent, and dynamic policy makers, practitioners and experts on corporate governance in Asia, OECD countries and relevant international institutions to advance the corporate governance reform agenda in the region. At its meeting in Hong Kong, China, in May 2008, the Roundtable made tangible progress on substantive issues, such as curbing abusive related-party transactions, one of the most challenging tasks in emerging markets.
Further reading
"Using the OECD Principles of Corporate Governance: A Boardroom Perspective" offers practical advice on how to implement the OECD Principles of Corporate Governance in the boardroom
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