Corporate governance and corporate finance

The 2021 edition of the Factbook describes corporate governance practices in 50 countries by providing an easily accessible and up-to-date, factual underpinning for understanding countries’ institutional, legal and regulatory frameworks. It complements the G20/OECD Principles of Corporate Governance by tracking how countries are actually implementing them.

Drawing on experiences from important global developments in capital markets, the OECD Capital Market Review of Croatia offers policy recommendations to improve the legal, regulatory and institutional framework for capital markets in a way that will foster a resilient and dynamic business environment, help realise the potential of Croatian corporations and give households better opportunities to diversify their long-term savings.

Corporate bond markets have become a major source of financing for non-financial companies. A new OECD report, Corporate Bond Market Trends, Emerging Risks and Monetary Policy, analyses recent developments and emerging risks in corporate bond issuance. Covering both advanced economies and emerging markets, the report provides new data showing that, in comparison to previous credit cycles, today's stock of outstanding corporate bonds has lower overall credit quality, higher payback requirements, longer maturities and inferior investor protection.