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Safeguarding State-Owned Enterprises from Undue Influence

Implementing the OECD Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises

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State-owned enterprises (SOEs) remain vulnerable to being used as conduits for political finance, patronage, and personal or related-party enrichment. Lingering weaknesses in corporate governance and ownership arrangements can expose SOEs to such exploitation and undermine SOE efforts to uphold integrity. This report highlights these weaknesses and provides state owners with a better understanding of which activities are effective in insulating SOEs from undue influence. It also takes stock of how OECD member and participating countries are implementing relevant provisions of the OECD Guidelines on Anti-Corruption and Integrity in SOEs, serving as the first report on the implementation of the Guidelines since their adoption in 2019.

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Foreword

In adopting the Recommendation on Guidelines on Anti-Corruption and Integrity in State‑Owned Enterprises (ACI Guidelines), the OECD Council instructed the Working Party on State Ownership and Privatisation Practices (Working Party), in co‑operation with the Working Group on Bribery in International Business Transactions and the Working Party of Senior Public Integrity Officials, to monitor its implementation and report on it no later than five years following its adoption. It is in this context that the Working Party agreed to prepare a thematic report of national practices towards safeguarding state‑owned enterprises (SOEs) from undue influence that will support the monitoring of the Recommendation.

English

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