OECD guidelines on corporate governance of state‑owned enterprises

E782367

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.

All labels observed (1)

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf corporate governance code ⓘ
international standard ⓘ
soft law instrument ⓘ
adoptedBy OECD Council ⓘ
appliesTo governments as enterprise owners ⓘ
state‑owned enterprises ⓘ
author Organisation for Economic Co‑operation and Development ⓘ
linked to: OECD
availableIn multiple languages ⓘ
basedOn OECD Principles of Corporate Governance ⓘ
endorsedBy OECD member countries ⓘ
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 ⓘ
linked to: OECD
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 ⓘ
benchmarking national state‑owned enterprise governance frameworks ⓘ
designing state‑owned enterprise ownership policies ⓘ

How these facts were elicited

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 ⓘ