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News

The OECD releases a report about how to implement the OECD Principles in the boardroom

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.

Tackling corporate corruption with the OECD Guidelines for Multinational Enterprises

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.

The OECD Steering Group on Corporate Governance continues dialogue with alternative investors

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.

The OECD examines the issue of proportionality and corporate governance

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. 

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.

Latin American Roundtable on Corporate Governance launches initiative to promote more active institutional investors

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.

OECD publishes report on implementation of the Guidelines for Multinational Enterprises

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. 

Egypt signs the OECD Declaration on International Investment and Multinational Enterprises

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.

OECD releases studies on hedge funds and private equity

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.

G8 calls on OECD to lead work on freedom of investment, investment environment and corporate responsibility

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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