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State-Owned Enterprises and Corruption

What Are the Risks and What Can Be Done?

image of State-Owned Enterprises and Corruption

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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Promoting integrity and preventing corruption in state-owned enterprises: What works and what does not?

This chapter explores obstacles to effective integrity and anti-corruption in the opinion of 347 SOE respondents in 213 companies across 34 countries. It incorporates the perspectives of SOE representatives and state ownership entities regarding challenges and good practices in implementing mechanisms to prevent and detect corruption. The analysis is framed using key elements of integrity, compliance or anti-corruption mechanisms and programmes, as outlined by the OECD and other international standard-setters – from prevention to detection and response.

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