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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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The Board of Directors of a State-owned Enterprise

An increasing number of OECD countries have undertaken important reforms to professionalise and empower SOE boards. To this end, they seek to limit political interference and have increased the independence and competence of SOE boards through structured and skill based nomination processes.

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