• 4-February-2016


    Broadening the Ownership of State-Owned Enterprises - A Comparison of Governance Practices

    The State continues to remain an important shareholder in listed companies worldwide, especially among emerging economies, which rely increasingly on mixed-ownership models. With the benefit of hindsight and more recent examples, this book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails. Drawing from the experiences of five economies (People's Republic of China, India, New Zealand, Poland and Turkey), the book concludes that broadened ownership generally has a positive impact on the governance and performance of these companies. However, country practices show that the act of listing cannot guarantee that these companies are completely averse to State interests; and deviations from sound corporate governance practices, as enshrined in the OECD Guidelines on Corporate Governance of SOEs, can in some cases, raise concerns with regards to non-State shareholder rights, commercial orientation, board independence, conflicting State objectives, transparency, disclosure and more.
  • 19-juin-1994

    Français, , 497kb

    Crédibilité de la politique monétaire et incertitudes concernant les prix: l'expérience néo-zélandaise en matière d'objectifs d'inflation

    Quels effets ont eu en Nouvelle-Zélande les mesures anti-inflationnistes et les objectifs d'inflation sur les incertitudes qui entourent l'évolution des prix? Revue économique de l'OCDE No. 22.