Corporate governance and corporate finance


Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments

The OECD Guidelines on Corporate Governance of State-Owned Enterprises have provided an internationally agreed benchmark to help governments assess and improve the way they exercise their ownership functions since 2005. This report documents changes in state ownership and SOE governance in both OECD and partner economies and assesses the extent to which the Guidelines have served as a “roadmap for reform” in individual countries since 2015, following the most recent update of the Guidelines. Drawing on practices in up to 31 jurisdictions, it covers organising the state enterprise ownership function; safeguarding a level playing field between SOEs and private businesses; equitable treatment of shareholders and other investors; stakeholder relations and responsible business; transparency and disclosure practices; and professionalising boards of directors. The report supports policy makers by facilitating greater awareness and more effective implementation of the Guidelines.

Published on March 10, 2020


Executive summary
Legal and regulatory framework for the state ownership function (Chapter I and Chapter II of the SOE Guidelines)
State-owned enterprises in the marketplace
Equitable treatment of shareholders and other investors
Stakeholder relations and responsible business
Disclosure and transparency
The responsibilities of the boards of state-owned enterprises
OECD questionnaire for the progress report on changes in national SOE ownership and governance practices over the last five years (2013-2018 period)
Powered by OECD iLibrary