Corporate governance of state-owned enterprises

Network on Corporate Governance of State-Owned Enterprises in Asia, Cebu, The Philippines, 19-20 April 2007


For more information on the Asian Corporate Governance Roundtable

The Asia Network on Corporate Governance of SOEs met on 19-20 April 2007 in Cebu, The Philippines. The meeting focused on two chapters of the OECD guidelines on corporate governance of state owned enterprises, namely the responsibilities of the boards and relations with stakeholders (chapters VI and IV). The meeting was co-hosted by the Institute of Corporate Directors in partnership with the Office of the President and the Department of Finance.
This meeting is the second one of the Asia Network on Corporate Governance of SOEs, which brings together the experience of experts from all Asian economies. The Network has developed into a high-level hub for a structured policy dialogue on corporate governance of SOEs in Asia, using the Guidelines as a framework for discussion. The network will progressively develop a regional policy brief providing a set of recommendations and priorities for policy reform in order to improve the corporate governance of SOEs in Asian Economies.

Sythesis Note

Landscape: Recent policy reforms in SOE governance

Selective Tour de table on recent policy reforms

  • China: Zhengjun Zhang, Chief of Enterprise System Division, Development Research Center
  • India: Sumant Batra, Senior Partner, Kesar Dass B & Associates
  • Malaysia: Abdullah Abdul Hamid, Executive Director, Investment, Khazanah Nasional Berhad
  • Vietnam: Huang Duong Nguyen, Deputy Director, Ministry of Finance and Thi Phuong Thuy Tran, Deputy Director, State Capital Investment Company (SCIC)

Theme I: Empowering SOE boards: their mandate and functions

Theme II: Improving the quality of SOE boards: nomination, competence and functionning


Theme III: Holding SOE boards accountable through effective evaluation


Theme IV: Specific rights of employees in SOEs and the role of their representatives in boards


Theme V: Effective co-operation and communication with stakeholders








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