The State continues to remain an important shareholder in listed companies worldwide, especially among emerging economies, which rely increasingly on mixed-ownership models. With the benefit of hindsight and more recent examples, this book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails. Drawing from the experiences of five economies (People's Republic of China, India, New Zealand, Poland and Turkey), the book concludes that broadened ownership generally has a positive impact on the governance and performance of these companies. However, country practices show that the act of listing cannot guarantee that these companies are completely averse to State interests; and deviations from sound corporate governance practices, as enshrined in the OECD Guidelines on Corporate Governance of SOEs, can in some cases, raise concerns with regards to non-State shareholder rights, commercial orientation, board independence, conflicting State objectives, transparency, disclosure and more.
This meeting will provide the opportunity to discuss the role of governments, international partners and businesses in promoting responsible mineral supply chains from conflict-affected and high-risk areas. Participants will learn first hand about international standards and approaches, and be able to ask questions to experts in supply chain due diligence implementation.
À l’occasion d’une visite historique du Premier ministre chinois, M. Li Keqiang, à l’OCDE, à Paris, la République populaire de Chine a décidé aujourd’hui de renforcer sa collaboration de longue date avec l’OCDE et de rejoindre le Centre de développement de l’Organisation.
This workshop highlighted the importance of responsible business conduct for sustainable development and how this involves the OECD Guidelines for Multinational Enterprises. It was co-organised with the Chinese Academy of International Trade and Economic Co-operation (CAITEC).
Beijing, 24 October 2014 - China presented guidelines intended to provide a roadmap for the responsible business conduct of Chinese companies operating overseas. In addition, China and the OECD signed a Memorandum of Understanding to promote the implementation by Chinese companies of responsible business conduct in global mineral supply chains.
Sound and transparent corporate governance policies will play a crucial role in reform initiatives and capital market development in China, as well as attracting the international investors required to sustain China’s long term economic growth. In order to support the these reforms, the OECD shares its experiences in the area of corporate governance with China through regular policy dialogue exchanges.
The discussion in the meeting provided some insights into China’s growth model and need to improve competitiveness, particularly in view of the global economic slowdown.
This report looks at the institutional framework of corporate governance in China through the prism of the OECD Principles of Corporate Governance and assess a broad range of laws, regulations and codes.
Participants at the 2010 roundtable discussed an updated draft of the Asian White Paper on Corporate Governance that addresses emerging challenges in the Asian corporate governance landscape.
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This study of State-Owned Enterprises (SOEs) in China examines trends in SOEs shares of the national economy, sectoral distribution, listing on stock exchanges and internationalisation.