OECD guidelines on corporate governance of state‑owned enterprises

E782367

corporate governance code international standard soft law instrument

The OECD guidelines on corporate governance of state‑owned enterprises are an international standard that sets best-practice principles for how governments should own, oversee, and ensure the transparency and accountability of state-owned companies.

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Observed surface forms (1)

Surface form	Occurrences
OECD Guidelines on Corporate Governance of State‑Owned Enterprises	0

Statements (52)

Predicate	Object
instanceOf	corporate governance code ⓘ international standard ⓘ soft law instrument ⓘ
adoptedBy	OECD Council NERFINISHED ⓘ
appliesTo	governments as enterprise owners ⓘ state‑owned enterprises ⓘ
author	Organisation for Economic Co‑operation and Development NERFINISHED ⓘ
availableIn	multiple languages ⓘ
basedOn	OECD Principles of Corporate Governance NERFINISHED ⓘ
endorsedBy	OECD member countries NERFINISHED ⓘ
firstAdopted	2005 ⓘ
hasPurpose	enhance accountability of state‑owned enterprises ⓘ ensure a level playing field between state‑owned and private companies ⓘ improve corporate governance of state‑owned enterprises ⓘ promote transparency of state‑owned enterprises ⓘ separate the state’s ownership and regulatory functions ⓘ support efficient performance of state‑owned enterprises ⓘ
hasScope	central government‑owned enterprises ⓘ commercial state‑owned enterprises ⓘ listed state‑owned enterprises ⓘ wholly owned state‑owned enterprises ⓘ
hasSection	equitable treatment of shareholders and other investors ⓘ rationale for state ownership ⓘ responsibilities of the boards of state‑owned enterprises ⓘ stakeholder relations and responsible business conduct ⓘ state‑owned enterprises in the marketplace ⓘ state’s role as an owner ⓘ transparency and disclosure ⓘ
language	English ⓘ
latestEditionYear	2015 ⓘ
publisher	Organisation for Economic Co‑operation and Development NERFINISHED ⓘ
recommends	centralisation or coordination of the state ownership function ⓘ clear legal and regulatory framework for state‑owned enterprises ⓘ clear objectives for state‑owned enterprises ⓘ codes of ethics and integrity for state‑owned enterprises ⓘ competitive neutrality between state‑owned and private firms ⓘ disclosure of state‑owned enterprises’ non‑commercial objectives ⓘ equitable treatment of minority shareholders ⓘ external audit of state‑owned enterprises ⓘ high standards of disclosure and reporting by state‑owned enterprises ⓘ performance monitoring of state‑owned enterprises ⓘ professional and independent boards of directors ⓘ reporting on environmental and social issues where material ⓘ risk management frameworks in state‑owned enterprises ⓘ separation of the state’s ownership and regulatory roles ⓘ transparent nomination of board members ⓘ transparent state‑owned enterprise remuneration and incentives ⓘ
revised	2015 ⓘ
usedBy	non‑OECD countries ⓘ
usedFor	OECD country reviews of state‑owned enterprise governance NERFINISHED ⓘ benchmarking national state‑owned enterprise governance frameworks ⓘ designing state‑owned enterprise ownership policies ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Dutch State (partial) → governedByPrinciple → OECD guidelines on corporate governance of state‑owned enterprises ⓘ