RT Book, Section
A1 Cederlund, Lars-Johan
T1 Note to the Reader
JF Corporate Governance
YR 2010
FD Feb 02
SP 4
OP 5
AB Governments face complex challenges in improving the governance of state-owned enterprises. Having worked for the Swedish government handling state ownership for more than 15 years, I have firsthand experience as a practitioner on how the governments struggle to improve the governance of SOEs. One of the main challenges in doing so is to put in place appropriate accountability and transparency processes. It is only with such systems that the state as an owner will be able to act as an informed owner, without interfering in day-to-day management, two essential recommendations of the OECD Guidelines. The Swedish government, having been an advocate of reforms, has been able to appreciate how useful it is to put lights on the performance of SOEs and on how the state exercises its ownership function. Greater transparency is usually very effective in triggering further support for reforms.
PB Organisation for Economic Co-operation and Development
DO 10.1787/9789264056640-2-en
UL http://www.oecd-ilibrary.org/;jsessionid=nrd8ds312t5u.x-oecd-live-02content/chapter/9789264056640-2-en