The OECD Steering Group on Corporate Governance

 Mission

- to co-ordinate and guide the Organisation's work on corporate governance and related corporate affairs issues, including state-owned assets, market integrity, company law, insolvency and privatisation.

- to guide and support OECD's outreach activities in the area of corporate governance, which takes place within the framework of the OECD Global Forum on Governance. A key feature of this work is the Regional Corporate Governance Roundtables that have been established in Asia, Russia, Latin America, South Eastern Europe and Eurasia. These Roundtables are organised in co-operation with the World Bank Group.

•  OECD Principles of Corporate Governance: the  revised version

The review of the principles was supported by a survey (version française) of corporate governance developments in OECD countries in 2002-2003. Broadening the opportunity to participate, the OECD Steering Group on Corporate Governance, asked for public comment on the draft text of the revised Principles. Comments were received from approximately 70 individuals and organisations.

In September of 2002, the Steering Group also asked its Working Group on Privatisation and Governance of State-Owned Assets to develop a set of non binding guidelines for corporate governance of state-owned enterprises, with the view to making them a complementary instrument to the OECD Principles of Corporate Governance. The Guidelines were published in September 2005.

•  Assessing the implementation of the principles

In 2006, the Steering Group responded to requests by issuing the Methodology for Assessing the Implementation of the OECD Principles. This was also used by the World Bank in its country corporate governance assessments (ROSC).

•  Synthesis of experiences

In addition, the OECD has released a synthesis of experiences gained from the Regional Corporate Governance Roundtables.