Download Corporate Governance of State-Owned Enterprises: Change and by OECD PDF


In 2005, OECD released a stocktaking of the company governance framework within the organizations member international locations. This booklet was once the root on which the OECD guidance on company Governance of State-Owned corporations (the SOE directions) used to be built. it's been largely quoted in educational literature, in reputable files and through practitioners. notwithstanding, the SOE panorama in OECD international locations has replaced considerably in view that 2005 and 4 new international locations became participants of the enterprise. This e-book presents an replace of adjustments considering that 2005, organised based on the most sections of the SOE instructions: the criminal and regulatory framework for SOEs; the country appearing as an proprietor; equitable remedy of shareholders; kin with stakeholders; transparency and disclosure, and the obligations of the forums of SOEs.

Show description

Read Online or Download Corporate Governance of State-Owned Enterprises: Change and Reform in OECD Countries since 2005 PDF

Best project management books

Quick Quizzes for Project Managers

Speedy Quizzes for undertaking Managers lets you try your undertaking administration wisdom and extend your talents via tale questions about attention-grabbing and mind-opening events confronted on a daily basis through undertaking managers within the box. you decide what you think that is the proper solution, after which fee your selection.

The McGraw-Hill 36-Hour Course: Project Management, Second Edition (McGraw-Hill 36-Hour Courses)

Agenda and coordinate initiatives seamlessly, begin to end! In modern ultracompetitive international of industrial, these dependable wish effects on time and on budget--and they are turning to undertaking managers to carry. expert undertaking managers are in excessive call for, and the occupation is turning out to be at an exceptional cost.

The Self-Made Program Leader : Taking Charge in Matrix Organizations

Just about all management books suppose that the chief has authority over their workforce individuals. The problem of venture administration in a matrix-structured surroundings is this isn't really continually the case. an entire new plan of assault needs to be carried out for the venture supervisor to bring in a company the place they don't have formal authority.

Benefits Realization Management: Strategic Value from Portfolios, Programs, and Projects

Advantages consciousness administration (BRM) is a key a part of governance, since it helps the strategic production of worth and offers the right kind point of prioritization and govt help to the proper tasks. as a result of its relevance to the governance strategy, BRM has a powerful effect over undertaking good fortune and is a hyperlink among strategic making plans and approach execution.

Additional info for Corporate Governance of State-Owned Enterprises: Change and Reform in OECD Countries since 2005

Sample text

Of the new member countries, only Chile requires SOE boards to carry out annual assessments of their functioning. These may rely solely on self evaluation, or involve external facilitators. In the other countries, evaluations are not uncommon especially in large SOEs (to which may be added evaluations of the management board by the supervisory board in Slovenia’s two-tier structure), but they are not mandatory. CORPORATE GOVERNANCE OF STATE-OWNED ENTERPRISES: CHANGE AND REFORM IN OECD COUNTRIES SINCE 2005 © OECD 2011 52 – 2.

SOEs have to disclose these reports on their websites. Shareholder information is reported in real time to a national shareholder register. Disclosure by SOEs is subject to the Freedom of Information Act. Exceptions are made to safeguard corporate confidentiality for SOEs in competitive sectors. SOEs must maintain a shareholder register accessible by the public. Discrimination between shareholder groups is legally forbidden. SOEs maintain a shareholder registration either with the securities regulator (joint stock companies) or in the Court register (others).

Competitive conditions regarding the access to finance. Commercially operating SOEs do normally not have access to concessionary finance – and in several new member countries are barred from borrowing from state-controlled institutions. g. in infrastructure), soft loans and guarantees from the public budget are not unheard of. CORPORATE GOVERNANCE OF STATE-OWNED ENTERPRISES: CHANGE AND REFORM IN OECD COUNTRIES SINCE 2005 © OECD 2011 36 – 2. 1. Changes in legal and regulatory frameworks Chile Estonia Israel Slovenia Separation between ownership and other state functions Most SOEs are overseen by an ownership agency and their reporting monitored by securities regulators.

Download PDF sample

Rated 4.19 of 5 – based on 26 votes