The Financial Crisis: Reform and Exit Strategies

17-Sep-2009

The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.

Corporate governance and the financial crisis

The current crisis has highlighted many corporate governance failures. As part of its strategic response, the OECD is working with governments and industry to develop and put in place more effective corporate governance standards.

Publication of the Practical Guide to Corporate Governance

09-Sep-2009

The Practical Guide to Corporate Governance: Experiences from the Latin American Companies Circle highlights the challenges, priorities and tangible benefits of adopting leading corporate governance practices in the region. The publication offers a first look at Latin American company results during the recent period of financial crisis showing that firms recognized for better corporate governance practices suffered less damage than average listed Latin American companies. It is now available for dowload. 

G8 Summit discussed principles and standards for global business dealings

06-Jul-2009

One of the agenda items at the G8 Summit in L’Aquila was a discussion of a proposed new “Global Standard” for international business dealings (see www.oecd.org/globalstandard). An Italian-led working group has drawn up, with the assistance of the OECD, a list of 12 “common principles and standards” in support of this project. To promote discussion of the issues raised by the proposed Global Standard, the OECD has launched a blog to which comments are invited.

Finance, Competition and Governance: Priorities for Reform and Strategies to Phase-Out Emergency Measures

18-Jun-2009

This report describes issues that must be addressed to restore public confidence in financial markets and to put incentives in place to encourage a prudent balance between risk and the search for return in (broadly-defined) banking.

The OECD’s effort to help build a stronger, cleaner and fairer global economy

03-Jun-2009

The current economic crisis has exposed the deficiencies of economic global governance and the risk of having a highly integrated global economy with fragmented global economic decision-making and regulation. To improve our impact, we do need stronger, more inclusive and better coordinated international organisations, warned the OECD Secretary-General.

Corporate Governance Lessons from the Financial Crisis

25-Feb-2009

This new report analyses the impact of failures and weaknesses in corporate governance on the financial crisis, including risk management systems and executive salaries.

OECD’s Gurría welcomes G7 move to establish set of ethical principles on global business

16-Feb-2009

OECD Secretary-General Angel Gurría has welcomed the decision by G7 Finance Ministers to work towards setting up a set of common principles on integrity, transparency and propriety in global financial and business transactions.