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News & Events
News
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11-Jun-2008
Good boardroom practice requires more than law and regulation: judgement, diplomacy and integrity. This book provides practical help for boards that navigate their way from principles to practice. It aims to describe how boards can practice good corporate governance in reality. This initiative reflects the importance that the OECD attaches to the private sector as a force in implementing good corporate governance.
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10-Jun-2008
As ongoing corporate bribery investigations and scandals make headlines around the world, Transparency International (TI) has published a working paper on the OECD’s Guidelines for Multinational Enterprises, a set of social, labour, environmental and anti-corruption standards for transnational companies. This working paper explains the Guidelines and their relevance in fighting corruption in the private sector. Case studies illustrate recent instances when civil society has filed complaints in different countries related to bribery and other violations.
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22-May-2008
On 16 April 2008, the OECD Steering Group on Corporate Governance invited representatives from the activist hedge fund industry and other activist investors to discuss potential policy issues including their use of shareholders rights (such as board nomination), the impact of their activism on market abuses prevention, the scope for shareholder cooperation into the light of “acting in concert” regulations, as well as the use of derivatives instruments to boost investors’ voting power.
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07-Feb-2008
At its meeting on 14 November 2007, the Steering Group on Corporate Governance agreed on a common position based on the OECD Principles of Corporate Governance about the issue of whether there should be proportionality between ownership and control (also known as one-share-one-vote) in listed companies.
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Receiving Globalist of the Year award, Angel Gurría stresses the importance of multilateral co-operation
26-Oct-2007
OECD Secretary-General Angel Gurría received the first ever "Globalist of the Year" award from the Canadian International Council for his contribution to innovation in global governance and international affairs.
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12-Oct-2007
The Latin American Roundtable on Corporate Governance reviewed institutional investors’ experience and their influence on corporate governance when it met on 10-11 October, 2007 in Colombia. Finding some promising practice but significant shortcomings, they agreed to develop White Paper recommendations to encourage more engaged and informed ownership. The Roundtable also reviewed experience with voluntary corporate governance codes.
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18-Sep-2007
Adhering governments are committed to promoting the Guidelines and to making them influential among companies operating in or from their territories. This report describes what governments have done improve the effectiveness, transparency and timeliness of their implementation over the June 2006-June 2007 period and addresses considerations for future action.
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23-Jul-2007
On 11 July 2007, Egypt became the first Arab and first African country to sign the OECD Declaration on International Investment and Multinational Enterprises. This marks a new stage in Egypt's drive to attract more foreign direct investment (FDI). A series of policy reforms have helped to underpin a fifteen-fold increase in Egypt’s FDI between 2001 and 2006. FDI reached a record USD 9 billion in the first three quarters of its 2007 fiscal year. This compares with USD 6.1 billion for the whole of 2006.
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23-Jul-2007
The OECD Steering Group on Corporate Governance has released today the studies it requested on the role of alternative investors in corporate governance.
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12-Jun-2007
The G8 Summit Declaration of 7 June 2007 called for continuation of the OECD Investment Committee's project on Freedom of Investment, National Security and "Strategic" Industries, additional non-member adherences to the OECD Declaration on International Investment and Multinational Enterprises, active use of the Policy Framework for Investment in developing countries, effective implementation of the OECD Guidelines for Multinational Enterprises and wider dissemination of the OECD Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones.
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