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State-Owned Enterprises and Corruption

What Are the Risks and What Can Be Done?

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Corruption is the antithesis of good governance, and it is a direct threat to the purpose of state ownership. This report brings a comprehensive set of facts and figures to the discussion about the corruption risks facing state-owned enterprises (SOEs) and how they, and state ownership, go about addressing them. The report suggests options to help the state as an enterprise owner fight corruption and promote integrity in the SOE sector, laying the foundation for future OECD guidance on the subject.

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Foreword

Corruption is the antithesis of good governance, and it is a direct threat to the purpose of state ownership. This report brings a comprehensive set of facts and figures to the discussion about the corruption risks facing state-owned enterprises (SOEs) and how they, and state ownership, go about addressing them. It is a first step towards developing guidance on anti-corruption and integrity in SOEs for the state as owners. This initiative is rooted in the OECD Guidelines on Corporate Governance of State-Owned Enterprises, the world’s sole internationally agreed standard for how governments should exercise its ownership rights over SOEs.

English

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