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Corporate governance and corporate finance

Corporate Governance of State-Owned Enterprises in Asia

 

13th Meeting of the Asia Network on Corporate Governance of State-Owned Enterprises

~ Video Conferences ~ 

Day 1: Tuesday, 22 September 2020
Day 2: Thursday, 8 October 2020
Day 3: Wednesday, 4 November 2020

The 13th meeting of the Asia Network on Corporate Governance of State-owned enterprises will take place in virtual format, with support from the Korea Institute of Public Finance and Asian Development Bank. Through the process of knowledge sharing, the Network’s three video conferences, from September until November, will provide a unique platform for policy makers and experts from Asia and other parts of the world to discuss important steps toward identifying priorities for SOEs reform and implementation of the aspirational standards of SOE governance established by the OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOE Guidelines).

The discussion will benefit from presentations by representatives of governments, state ownership entities, individual SOEs, international organisations, corporate practitioners and relevant experts from both Asia and other parts of the world. They are invited to consider experiences on SOE governance reforms from a range of perspectives.

  • The first video conference on 22 September will stocktake the recent developments of SOE reform related to ownership practices and corporate governance in select participant countries relative to the SOE Guidelines and discuss lessons for developing good practices towards performance evaluation and monitoring within the SOE sectors.
  • The second video conference on 8 October will focus on policy measures in response to the COVID-19 and their impact on national practices for state ownership as well as national approaches for accounting for public policy objectives of SOEs and their implications for competitive neutrality.
  • The third video conference on 4 November will serve as a platform for exchange of information to compare national experiences with listing SOEs in stock markets and its impact on overall performance and governance of SOEs. The Meeting will be concluded by a consultation session on the development of the OECD SOE Anti-Corruption and Integrity Implementation Guide as a follow-up work for the recently launched OECD Guidelines on Anti-corruption and Integrity in State-owned enterprises.

Participation is by invitation only. For further information, contact Chung-a Park (Chung-a.Park@oecd.org), Henrique Sorita Menezes (Henrique.Soritamenezes@oecd.org)

 

 

About the OECD-Asia Network on Corporate Governance of State-Owned Enterprises

 

Better corporate governance of state-owned enterprises is key for economic growth and competitiveness in Asia.

 

In many Asian economies, 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 Network on Corporate Governance of State-Owned Enterprises provides a forum for government representatives and relevant non-governmental stakeholders from 16 economies in Asia to share experiences, identify good practices and develop recommendations for reform to improve state ownership practices and strengthen the corporate governance of state-owned enterprises SOEs. It serves to:

  • Raise awareness of the importance of sound corporate governance of SOEs and related challenges among relevant constituencies
  • 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 SOE Network was first established in 2006 and then relaunched in 2015 with the support of the government of Korea. As before, the new phase of 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 discussions at Network meetings. 

 

 

 

MEETINGS

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

Summary Record | Speaker Biographies

11th meeting, Hyderabad, India, 6-7 September 2018, Agenda| Summary 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 (2020)

 

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

 

Regularly participating institutions

 

Public sector

Other

Bangladesh

- Ministry of Commerce

- Ministry of Industries

 

Bhutan

Druk Holding and Investments (DHI)

 

Cambodia

Securities and Exchange Commission of Cambodia

 

China

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

 

India

Department of Public Enterprises, Ministry of Public Enterprises and Heavy Industry

- Standing Conference of Public Enterprises (SCOPE)

- Institute of Public Enterprise

- Institute of Company Secretaries of India

Indonesia

- Ministry of State-Owned Enterprises

- National Committee on Governance

- Coordinating Ministry for Economic Affairs

Forum for Corporate Governance in Indonesia

Kazakhstan

- Samruk-Kazyna

 

Korea

- Korea Institute of Public Finance

- Ministry of Strategy and Finance

- Korean 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

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

 

Singapore Institute of Directors

Thailand

- State Enterprise Policy Office, Ministry of Finance

- Corporate Governance Department, Securities and Exchange Commission of Thailand

 

Viet Nam

Ministry of Planning and Investment

Vietnam Institute for Development Strategies

 

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