The Future of Corporate Governance in Capital Markets Following the COVID-19 Crisis
This report provides an evidence-based overview of developments in capital markets
globally leading up to the COVID-19 crisis. It then documents the impact of the crisis
on the use of capital markets and the introduction of temporary corporate governance
measures. Although the structural effects of the crisis on capital markets and its
interplay with corporate governance remain to be fully understood, this report presents
trends that can be used to shape policies that will support the recovery and formulates
key policy messages that will guide the upcoming review of the G20/OECD Principles
of Corporate Governance.
The report emphasises that the road to recovery will require well-functioning capital
markets that can allocate substantial financial resources for long-term investments.
It also highlights the need to adapt corporate governance rules and practices to the
post-COVID-19 reality, particularly in areas such as increased ownership concentration;
environmental, social and governance (ESG) risk management; digitalisation; insolvency;
audit quality and creditor rights.
Published on June 30, 2021
In series:Corporate Governanceview more titles