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Corporate Governance of State-Owned Enterprises

A Survey of OECD Countries

image of Corporate Governance of State-Owned Enterprises

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area. The analytical part of the report examines the scale of these enterprises in OECD countries, organisation of the ownership function, relationships with non-state shareholders, the role of stakeholders in corporate governance, transparency and disclosure, and the board of directors. Tables in the annex compare legal status, transparency and disclosure, and board composition and functions, and CEO appointment and remuneration policies of state-owned enterprises across countries.

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Scale and Scope of State-owned Enterprises in OECD Countries

Direct state intervention in the economy, although always present since the ancient civilisations, increased strongly in the 20th century as a result of the Great Depression and other financial crises, the Second World War and its associated ...

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