The White Paper on Corporate Governance in Asia is an action plan for improving corporate governance in Asia. It was agreed in 2003 on a consensus basis by participants to the OECD-Asian Roundtable on Corporate Governance. 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.
Corporate Governance in Asia - Progress and Challenges (2011) summarises the results of a stocktaking exercise to determine progress to date and the challenges remaining in the implementation of these recommendations.
2011 update of the White Paper on Corporate Governance in Asia
Work has now started on an update of the White Paper that addresses emerging challenges in Asia's corporate governance landscape. Participants at the 2010 meeting of the Roundtable in Shanghai discussed a first draft with a view to launching the final version at the 2011 meeting of the Roundtable.
See alsoOECD-Asian Roundtable on Corporate Governance