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Accountability and Transparency: A Guide for State Ownership

image of Accountability and Transparency: A Guide for State Ownership

Using this Guide will facilitate the practical implementation of the OECD Guidelines on Corporate Governance of State-Owned Enterprises in the areas of transparency and accountability. It provides viable policy options and a step-by-step road map on how to address typical difficulties, risks and hurdles that may be encountered. It also provides concrete examples of good practices that can serve as a reference and inspiration. The Guide will help governments, their ownership entities and other stakeholders to evaluate existing practices and support reforms.

In most countries, improving transparency and accountability in state-owned enterprises entails a number of complex challenges. Addressing these, with the help of this Guide, is an important step in the process of establishing well-governed and economically sound state-owned enterprises

English Spanish, French

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Ensuring Adequate Disclosure and Transparency at Company Level

This chapter will describe how the ownership entities should develop a disclosure policy for SOEs and how they could encourage and monitor effective implementation of transparency requirements by SOEs. One specific session will cover the critical issue of how to ensure an equitable treatment and communicate actively with of all shareholders. Another specific session will provide guidance on how to avoid abusive related party transactions. Finally, this chapter will also address the issue of how to report on stakeholders’ relations and encourage SOEs to do so.

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