Corporate governance

Review of the OECD Guidelines on Corporate Governance of State-Owned Enterprises


The OECD Guidelines on Corporate Governance of State-Owned Enterprises are the leading global standard for the ownership and governance of state-owned enterprises (SOEs). They have underpinned reforms that ensure a level playing field and professionalised corporate governance aimed at improved SOE performance, efficiency and transparency.

The Working Party on State Ownership and Privatisation Practices (the ‘Working Party’) undertook a review of the standard between October 2022 and March 2024 to reflect nearly a decade of experience and evolving best practices since the 2015 revision. The review strengthened the Guidelines to ensure that SOEs contribute to sustainability, and economic security and resilience, by maintaining a global level playing field and high standards of integrity and business conduct. The Guidelines were also updated to ensure consistency with its two complementary instruments – the G20/OECD Principles of Corporate Governance, and the OECD Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises.

The Working Party conducted a public consultation on revisions to the Guidelines in July-September 2023. All contributions can be found here.

Read the blog post by Carmine Di Noia, OECD Director for Financial and Enterprise Affairs


Read more on the review



Supporting Publications 

The revision of the Guidelines was informed by a number of studies, including:  


Studies on state ownership

Studies on corporate governance

Studies on the level playing field


See also

Country reviews of the corporate governance of state-owned enterprises




G20/OECD Principles of Corporate Governance 


Anti-Corruption and Integrity in State-Owned Enterprises




For further information on the review, please contact [email protected], Head of the Working Party Secretariat.



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