Corporate Affairs

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The OECD steps up its work to improve corporate governance

01-Dec-2006

The OECD has now taken an important step to facilitate the use of the OECD Principles of Corporate Governance . Following widespread demand, it has released a Methodology for Assessing Implementation of the OECD Principles. The Methodology can be used by independent assessors and for self-assessments by, inter alia, national authorities. It will also be used by the World Bank under its Review of Standards and Codes (ROSC) programme.

Corporate governance is improving in Turkey but some challenges remain

17-Oct-2006

Corporate governance is improving in Turkey but some key issues, including the potential for unfair treatment of minority shareholders, need to be tackled if Turkish firms are to take full advantage of opportunities to grow in coming years, according to a new OECD report.

Corporate Governance: The Development Challenge

20-May-2005

Charles Oman and Daniel Blume
Article published in the E-journal USA 2/2005.
 
Developing countries face the challenge of transforming political and economic governance arrangements from relationship-based systems into rules-based systems. Many must enhance their ability to address corporate insiders' abusive use of schemes to expropriate or divert resources from other stakeholders. With enforcement at the heart of the challenge, the appropriate balance between regulatory and voluntary initiatives remains an open question.




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