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Corporate governance

Asia-Pacific Network on Corporate Governance of State-Owned Enterprises

 

In focus

 

The 14th Meeting of the Asia-Pacific Network on Corporate Governance of State-owned enterprises will take place in the form of three virtual events:

 

1st Day : Wednesday, 8 September 2021, 8h30 – 12h30 (CET)
2nd Day : Wednesday, 6 October 2021, 8h30 – 12h30 (CET)
3rd Day : Wednesday, 3 November 2021, 8h30 – 12h30 (CET)

 

These meetings will facilitate an exchange of information among policy makers in Asia-Pacific region on recent developments in state ownership and governance practices. They will also provide an opportunity to share national experiences and good practices for performance management and evaluation systems; anti-corruption and integrity; remuneration of SOE boards and senior management; and the role of SOEs in green transition. The meetings will bring together representatives of government bodies responsible for SOE oversight and monitoring, as well as relevant non-governmental stakeholders and experts active in promoting SOE governance reform in Asia-Pacific and beyond.

For further information, contact Chung-a Park (Chung-a.Park@oecd.org) or Henrique Sorita Menezes (Henrique.Soritamenezes@oecd.org). 

 

Recent meetings and key reports

 

13th meeting, (Virtual), 22 September / 8 October / 4 November 2020, Agenda | Summary Record | Speaker Biographies

SOEs-Transparency-Asia-150-200

 

Transparency frameworks for state-owned enterprises in Asia

 

Main participants

 

Public sector

Other

Bangladesh

Ministry of Finance 

 

Bhutan

Ministry of Finance

Druk Holding and Investments (DHI)

 

Cambodia

Securities and Exchange Commission of Cambodia  

China

State-owned Assets Supervision and Administration Commission of the State Council (SASAC)  

Fiji

Department of Public Enterprises  

India

Department of Public Enterprises, Ministry of Public Enterprises and Heavy Industry Institute of Public Enterprise (IPE)

Indonesia

Ministry of State-Owned Enterprises

National Committee on Governance

Coordinating Ministry for Economic Affairs
Institute for Democracy and Economic Affairs

Malaysian Directors Academy

Malaysian Institute of Corporate Governance

Minority Shareholder Watchdog Group

Kazakhstan

Ministry of Finance
Samruk-Kazyna
 

Korea

Korea Institute of Public Finance

Ministry of Economy and Finance

Korea Development Institute
 

Lao PDR

Lao Securities Commission Office  

Malaysia

Ministry of National Planning and Economic Development
Khazanah Nasional Berhad
Institute for Democracy and Economic Affairs

Malaysian Directors Academy

Malaysian Institute of Corporate Governance

Minority Shareholder Watchdog Group

Mongolia

Mongolian Government Agency for Policy Coordination on State Property  

Myanmar

Directorate of Investment and Company Administration, Ministry of National Planning and Economic Development  

Pakistan

Ministry of Finance Pakistan Institute of Corporate Governance

Philippines

Governance Commission for Government Owned or Controlled Corporations (GCG)  

Singapore

Temasek International Pte Ltd Singapore Institute of Directors

Chinese Taipei

 

Corporate Governance Research Center

National Taipei University of Business

Thailand

State Enterprise Policy and Planning Bureau (SEPO), Ministry of Finance

Corporate Governance Department, Securities and Exchange Commission of Thailand
 

Uzbekistan

Ministry of Finance  

Viet Nam

Commission on State Capital Management

Ministry of Finance

Ministry of Planning and Investment
Vietnam Institute for Development Strategies

Partner organisations

   

Asian Development Bank

   
World Bank    
About the Network  

Better corporate governance of state-owned enterprises is key for economic growth and competitiveness in Asia-Pacific. In many Asia-Pacific countries, state-owned enterprises (SOEs) are still significant economic players. Ensuring they operate efficiently, transparently and on equal footing with private companies is crucial for economic growth and competitiveness. The OECD-Asia-Pacific Network on Corporate Governance of State-Owned Enterprises provides a forum for government representatives and relevant non-governmental stakeholders from 22 economies in the region to share experiences, identify good practices and develop recommendations for reform to improve state ownership practices and strengthen the OECD Guidelines on Corporate Governance of State-Owned Enterprises. It serves to:

  • Raise awareness of the importance of sound corporate governance of SOEs and related challenges among relevant constituencies
  • Evaluate current SOE corporate governance policy frameworks and practices, benchmarking them against international good practices as described in the OECD Guidelines on Corporate Governance of SOEs
  • Influence policymaking by providing a forum in which policy makers, practitioners and experts can share knowledge and experience
  • Support viable and effective reforms in the area of SOE corporate governance, by discussing and analysing policy options, developing relevant recommendations and agreeing on reform priorities

The Asia-Pacific SOE Network was first established in 2006 and then relaunched in 2015 with the support of the government of Korea. The Network seeks to identify common challenges related to state-owned enterprise ownership and governance, to share good practices and to develop recommendations for effective reform. The Network is also used to issue topical studies on SOE governance and reform comparing the practices of participating countries based on questionnaire-based exercise and discussions at Network meetings.

 

Past Meetings

12th meeting, Manila, Philippines, 4-5 September 2019, Agenda | 

Summary Record | Speaker Biographies

11th meeting, Hyderabad, India, 6-7 September 2018, AgendaSummary Record | Speaker Biographies

10th meeting, Kuala Lumpur, 19-20 September 2017

9th meeting, Seoul, 6-7 December 2016

8th meeting, Hanoi, 16-17 November 2015

7th meeting, Bandung, 3-4 July 2012

6th meeting, Seoul, 17-18 May 2011

5th meeting, Kuala Lumpur, 24-25 May 2010

4th meeting, Bangkok, 20-21 May 2009

3rd meeting, New Delhi, 25-26 June 2008

2nd meeting, Cebu, 19-20 April 2007

1st meeting, Singapore, 15-16 May 2006

 

Documents and links

 

Transparency frameworks for state-owned enterprises in Asia

 

Managing Risk in the State-Owned Enterprise Sector in Asia

 

Disclosure and transparency in the state-owned enterprise sector in Asia: Stocktaking of national practices

 

SOEs in Asia: National practices for performance evaluation and management

 

Policy brief on corporate governance of SOEs in Asia

 

OECD Guidelines on Corporate Governance of SOEs

 

State-owned enterprises in the development process

 

Boards of directors of SOEs: An overview of national practices

 

Competitive neutrality: Maintaining a level playing field between public and private business

 

Accountability and transparency: A guide for state ownership

 

Asian Roundtable on Corporate Governance

 

OECD work on state-owned enterprises in the marketplace

 

 

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