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OECD examines the role of hedge funds and private equity firms in corporate governance

05-Jun-2007

The OECD Steering Group has concluded that “activist” hedge funds and private equity firms can play a positive role in corporate governance of publicly held companies and that specific issues are best addressed within the framework of the existing OECD Principles of Corporate Governance.

OECD examines the role of hedge funds and private equity firms in corporate governance

05-Jun-2007

OECD countries have agreed that the corporate governance practices of private equity firms and hedge funds are best addressed within the framework of the existing OECD Principles of Corporate Governance.

G8 Labour and Employment Ministers provide strong support for the OECD Guidelines for Multinational Enterprises

07-May-2007

G8 Labour and Employment Ministers met in Dresden on 6-8 May 2007 to discuss the opportunities and challenges that globalisation brings with it for the working world. In referring to the contribution companies can make to shaping the social dimension of globalisation, the G8 Chair's conclusions strongly emphasised the role of the OECD Guidelines for Multinational Enterprises.

Human rights, alternative dispute resolution and the OECD Guidelines for Multinational Enterprises

24-Apr-2007

This note gives an OECD perspective on alternative dispute resolution based on experiences with the specific instances procedure of the OECD Guidelines for Multinational Enterprises. It was prepared for a workshop on "Accountability and Dispute Resolution" organised by Harvard's Kennedy School in support of work in this area by the Special Representative of the United Nations Secretary-General on Business & Human Rights.

OECD provides guidance for assessment of corporate governance rules and practices

04-Dec-2006

The OECD has taken an important step to reinforce the role of its Principles of Corporate Governance as a global standard by issuing guidance for users in assessing their implementation. The Principles, agreed by governments in 1999 and revised in 2004, are designed to maintain public trust in companies and stock markets.

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.

OECD's risk awareness tool offers guidance for multinationals in “weak governance” zones

24-Nov-2006

Multinational enterprises investing in countries characterised by weak or non-existent government need to take special care in handling a range of risks and ethical dilemmas not usually encountered in countries with stronger governance arrangements. OECD's Risk Awareness Tool for Multinational Enterprises in Weak Governance Zones is designed to help them.

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.

OECD Guidelines feature in UN Special Representative’s survey of business practices

10-Oct-2006

The UN Secretary General’s Special Representative on business and human rights has just published a survey of the human rights practices of the Fortune Global 500 companies. The survey results include information on the Global 500 companies’ references to external instruments, including to the OECD Guidelines for Multinational Enterprises.

Global Corporate Social Responsibility Forum: China

28-Feb-2006

This speech by the OECD Secretary-General outlines the benefits of responsible business conduct and provides an overview of the contribution made by the OECD Guidelines for Multinational Enterprises.  This speech was delivered during the Global Corporate Social Responsibility Forum held in Beijing on 22 February 2006.




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