2018 OECD-Asian Roundtable on Corporate Governance
Kuala Lumpur, Malaysia - 7-8 November 2018
The 2018 Roundtable took place on 7-8 November in Kuala Lumpur, Malaysia. The meeting was hosted by the Securities Commission Malaysia with financial support from the Government of Japan.
This meeting provided a unique opportunity for the most influential and active practitioners and policymakers from around the world to share experiences and discuss emerging issues in a rapidly changing global economic and business environment. The agenda included:
This event provided an occasion to launch two publications:
Contact - Any requests for information should be addressed to Fianna Jurdant, Senior Policy Manager, OECD Corporate Affairs Division (firstname.lastname@example.org)
Under the auspices of the OECD Corporate Governance Committee and with support from the Japanese Government, the Roundtable provides a valuable forum for policy dialogue to enhance economic efficiency, sustainable growth and financial stability by improving corporate governance policies and supporting good corporate practices in the region. The G20/OECD Principles of Corporate Governance and outputs from the OECD-Asian Roundtable are used as references in the development of regulation, corporate governance codes, listing rules, scorecards, as well as academic work in Asian countries.
A consensus roadmap for reform
In 2003, Roundtable participants agreed on an action plan for improving corporate governance in Asia: the White Paper on Corporate Governance in Asia. Since then, the White Paper has spurred a series of initiatives, including reviews of existing legislation, the adoption of international accounting standards, the establishment of institutes of directors, the introduction of codes of best practices and the setting up of investor associations.
Endorsed at the 2011 Roundtable meeting, Reform Priorities in Asia: Taking Corporate Governance to a Higher Level updates of the White Paper to to address emerging challenges in Asia's corporate governance landscape. This consensus report defines corporate governance reform priorities and makes recommendations that reflect the specific conditions and needs within Asia. It includes an overview of corporate governance frameworks in 13 Asian economies.
Asean Corporate Governance Scoreboard
The OECD Principles of Corporate Governance were used as the main benchmark for developing the ASEAN Corporate Governance Scorecard (2012). The scorecard ranks the top listed companies in Malaysia, Philippines, Indonesia, Thailand, Singapore, Vietnam and is being adopted by each country as their own. The scorecard is perceived as a diagnostic tool to improve corporate governance standards, using an international benchmark, of ASEAN publicly listed companies. The OECD participated in developing the methodology, in co-operation with the ADB.
2017 Roundtable, Tokyo, Japan, 19-20 October
2016 Roundtable, Seoul, Korea, 24-25 October
2015 Roundtable, Bangkok, Thailand, 29-30 October
2014 Roundtable, Mumbai, India, 11-12 February
2013 Roundtable, Kuala Lumpur, Malaysia, 5-6 June
2012 Roundtable, Tokyo, Japan, 24-25 October
2011 Roundtable, Bali, Indonesia, 4-6 October
2010 Roundtable, Shanghai, China, 15-16 December
Documents and links
YBhg Datuk Ranjit Ajit Singh, Chairman of the Securities Commission Malaysia, speaks about the contribution of the Asian Roundtable to improving corporate governance in Asia (2013)
Fighting Abusive Related Party Transactions: Workshop on Implementation, 25-26 October 2010, Delhi, India
Working Group Meeting of the Asian Roundtable on Corporate Governance, 25-26 May 2010, Kuala Lumpur, Malaysia
2009 Roundtable, 9-10 September 2009, Manila, Philippines
Task Force on Related Party Transactions, 5-6 February 2009, Manila, Philippines
2008 Roundtable, Hong Kong, China
2007 Roundtable, Singapore
2006 Roundtable, Bangkok, Thailand
Seminar on Corporate Governance Developments in Thailand, 13 September 2006, Bangkok, Thailand
OECD, FSI, BIS Seminar on Corporate Governance for Banks in Asia, 19-20 June 2006, Hong Kong, China
2005 Asian Roundtable on Corporate Governance, Bali, Indonesia
2004 Asian Roundtable on Corporate Governance, Seoul, Korea
2003 Asian Roundtable on Corporate Governance, Kuala Lumpur, Malaysia
2002 Asian Roundtable on Corporate Governance, Mumbai, India
2001 Asian Roundtable on Corporate Governance, Singapore
2000 Asian Roundtable on Corporate Governance, Hong Kong, China
Corporate Governance in Asia: A Comparative Perspective, 1999, Seoul, Korea