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Evidence-informed policy making

The event, organised by the OECD Directorate for Public Governance in cooperation with the European Commission’s Joint Research Centre (JRC), the Campbell Collaboration and the International Network for Government Science Advice (INGSA), developed a strategic agenda for the OECD on how to connect policy evidence on what works and what doesn’t.




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Public debt in India: Moving towards a prudent level?

In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade.




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OECD Government at a Glance 2017 launches Thursday 13 July at 11:00 CEST

The latest edition of the OECD’s biennial overview of public governance, Government at a Glance 2017, will be published on Thursday 13 July at 11:00 CET (10:00 GMT). The report compares OECD and partner countries in areas like public sector spending, employment, pay and investment using around 60 indicators.




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OECD Assessment of Ireland’s second Public Service Reform Plan (2014 - 2016)

The OECD was invited to assess key elements of the Second Irish Public Service Reform Plan (PSRP 2014-2016), with a view to informing future public service reform efforts in Ireland.




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Governments should address fall in public investment as costs stabilise

Governments have responded differently to new demands on them since the global crisis, with many raising spending on social services, some trimming public sector employment and most stabilising day-to-day running costs at a lower level.




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Getting Governments Organised to Deliver on the SDGs

This side event at the "High Level Political Forum on Sustainable Development" will provide a focused discussion on how governments can tackle the governance challenges in the implementation of the 2030 Agenda.




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OECD Public Governance Reviews - Chile

This OECD assessment of the Constitutional Process Open to Citizens in Chile, identifies the lessons learned and advises on how to further improve citizen engagement in the policy making processes.




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Launch of the OECD multi-level governance review of Chile

On 10 July, the Multi-level governance review of Chile “Making decentralisation work: towards stronger municipalities” was launched in Santiago in the framework of a conference organised by SUBDERE.




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Draft OECD Recommendation of the Council on Open Government: Online public consultation

The OECD is now developing a new Recommendation on Open Government, which aims to help the countries that will adhere to it design and implement successful open government reforms by identifying a clear, actionable, evidence-based, and common framework for the governance of open government* .




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The capacity of governments to raise taxes

This paper investigates the factors that shape governments’ capacity to collect revenue.




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Linking indigenous communities with regional development

This OECD project on Linking indigenous communities with regional development aims to develop policy recommendations for OECD and partner countries to improve economic outcomes for indigenous communities by better linking them with regional development efforts.




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The Role of Institutional Investors in Promoting Good Corporate Governance

This publication examines the role of institutional investors in promoting good corporate governance and reviews Australia, Chile and Germany in more detail.




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OECD calls for reform of governance of state-owned firms in the Middle East and North Africa

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to a new OECD report.




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Competitive Neutrality: Maintaining a level playing field between public and private business

This publication catalogues national practices that illustrate implementation of aspects or elements of competitive neutrality and highlights examples of challenges that may be encountered.




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2012 OECD-Asian Roundtable on Corporate Governance

Tokyo, Japan - 24-25 October 2012 - Participants at this meeting shared practical experiences taking into account the concentrated ownership structure of companies in the region.




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2012 Russian Corporate Governance Roundtable

Moscow, Russia - 25-26 October 2012 - discussions at this meeting addressed topics related to corporate governance and listing requirements in Russia.




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Latin America and Caribbean: Conference on international value chains

This meeting aimed to identify practical policy options for Latin American governments in the formulation of their investment promotion strategies with a specific focus on international value chains.




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Panel at the 2013 World Bank/IMF Civil Society Policy Forum

Government, business, trade and civil society representatives came together at this panel session to discuss the first year of implementation following the 2011 Update of the Guidelines.




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Who Cares? Corporate Governance in Today's Equity Markets

This paper charts the key changes in equity markets over the last decade or so which may affect the conditions for corporate governance. It also provides a brief overview of related policy discussions and selected national initiatives that have been taken as a response to equity market developments.




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Boards of Directors of State-Owned Enterprises: An Overview of National Practices

Boards of directors of SOEs play a fundamental role in corporate stewardship and performance. Over the last decade, OECD governments have sought to professionalise SOE boards, ensure their independence and shield them from ad hoc political intervention. In general these approaches have worked; yet, more remains to be done. This report seeks to shed slight on good practices drawing on national practices from over 30 economies.




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2013 OECD-Asian Roundtable on Corporate Governance

Kuala Lumpur, Malaysia - 5-6 June 2013 - This meeting served as an opportunity to better understand the particular features and challenges associated with equity market developments worldwide and in particular, corporate governance policies and practices and their relationship to equity market growth in Asia.




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Banks’ restructuring and smooth deleveraging of the private sector in Slovenia

Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant bank recapitalisation.




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Making Responsible Business Conduct Everyone’s Business

Without propriety, integrity, transparency and the engagement of all stakeholders, markets cannot function well. Governments must protect fundamental rights and ensure good governance, fair regulations and transparency, while businesses must acknowledge that operating globally also implies a responsibility for their impact locally.




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Equity markets, corporate governance and value creation

This article provides both an analytical framework for the role of public policy in corporate governance and a description of the empirical context that influences the conditions for that policy.




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State-Owned Enterprises in the Middle East and North Africa: Engines of Development and Competitiveness?

SOEs are an important feature of the economic landscape in the MENA region. This report examines their contribution to industrial development, diversification, poverty elimination and the provision of goods and services. It assesses ownership and governance practices and makes recommendations to policymakers, managers and boards.




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Supervision and Enforcement in Corporate Governance

This report analyses the supervision and enforcement of rules and practices relating to related party transactions, takeover bids and shareholder meetings in 27 jurisdictions and includes in-depth reviews of practices in Brazil, Turkey, and the United States.




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Trade and Investment Week kicks off with responsible business practice conference

18 November 2013 - Asia-Pacific Trade and Investment Week 2013 opened in Bangkok today with a regional conference on responsible business practices jointly organised by the United Nations Economic and Social Commission of Asia and the Pacific (ESCAP) and the Organisation for Economic Co-operation and Development (OECD).




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Conference on advancing responsible business practices in the Asia-Pacific region

Jointly organised by the OECD and ESCAP, this conference focused on the role of governments in supporting and facilitating more sustainable and inclusive business practices in the Asia-Pacific region.




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Third meeting of the Taskforce of MENA Stock Exchanges for Corporate Governance

Muscat, Oman - 2 December 2013 - This meeting was organised in the format of a high level regional roundtable, where heads and other representatives of regional exchanges were invited to participate, alongside regulators and relevant international and regional institutions.




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Colombian SOEs: A Review Against the OECD Guidelines on Corporate Governance of State-owned Enterprises

This report evaluates the corporate governance practices of Colombian SOEs against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The assessment was prepared based on information provided by the Colombian authorities, an analysis of the available literature and interviews with authorities, consultants, academics, and company as well as stakeholder representatives.




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Institutional Investors as Owners: Who are they and what do they do?

This paper provides a framework for analysing ownership engagement by institutional investors. It argues that the general term “institutional investor” in itself doesn’t say very much about the quality or degree of ownership engagement. It is therefore an evasive “shorthand” for policy discussions about ownership engagement.




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2014 OECD-Asian Corporate Governance Roundtable

Mumbai, India - The 2014 Roundtable focused on improving public supervision and enforcement in Asia, the governance and performance of listed SOEs, risks and opportunities for family-owned business groups and the revision of the OECD Principles of Corporate Governance.




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Conference on promoting responsible investment in Myanmar

This conference focused on recent reforms undertaken by the government to improve the investment climate in Myanmar, and the ways that the international community can help ensure that renewed investor interest contributes to sustainable and inclusive development. It featured a discussion of the detailed finding of the recently released OECD Investment Policy Review of Myanmar.




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Recommendation of the OECD Council on Effective Public Investment Across Levels of Government

Recommendation of the OECD Council on Effective Public Investment Across Levels of Government




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Privatisation and Demutualisation of MENA Stock Exchanges

This report explores the efforts of MENA stock exchanges to restructure their ownership through regional comparisons and case studies, situating this process within the global transformation of the stock exchange industry over the past two decades.




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Institutional investors and ownership engagement

This article provides a framework for analysing the character and degree of ownership engagement by institutional investors. There are large differences in ownership engagement between different categories of institutional investors. There are also differences in ownership engagement within the same category of institutional investors such as hedge funds, investment funds, etc.




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Risk Management and Corporate Governance

This report analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland.




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Moving beyond rhetoric: Responsibility in practice

This Global Forum plays an important role as the tool for on-going dialogue on responsible business conduct. I am pleased to announce that today, Ministers from over 20 countries are coming together to discuss how to integrate responsibility considerations throughout government policies. Their work will contribute to protect internationally recognised fundamental rights and to ensure good governance, fair regulations, and transparency.




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Fact finding survey on investment treaty law, sustainable development responsible business conduct

This survey was presented at the Informal ministerial meeting on responsible business conduct held in Paris on 26 June 2014.




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Investment Treaty Law, Sustainable Development and Responsible Business Conduct: A Fact Finding Survey, International Investment Working Paper 2014/1

Investment treaties are often thought to be silent on investors’ responsibilities to host societies and on their contributions to sustainable development. This paper establishes a factual and statistical basis for understanding the relationship between investment treaty law and governments’ ability to advance the sustainable development agenda and promote responsible business conduct.




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Investment Treaties and Shareholder Claims for Reflective Loss: Insights from Advanced Systems of Corporate Law, International Investment Working Paper 2014/2

This paper examines shareholder claims for reflective loss under investment treaties in light of comparative analysis of advanced systems of corporate law; considers the impact of allowing shareholder claims for reflective loss on key characteristics of the business corporation; and explores possible responses by different categories of investors to the availability of shareholder claims for reflective loss under investment treaties.




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Improving Corporate Governance in India - Related Party Transactions and Minority Shareholder Protection

This book presents the findings of an OECD policy dialogue with Indian stakeholders on policies to improve the monitoring and prevention of abusive related party transactions in India.




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Public consultation on the revision of the OECD Guidelines on Corporate Governance of State-Owned Enterprises

The OECD made the draft text of the revised OECD Guidelines on Corporate Governance of State-Owned Enterprises available for public comment between May and September 2014. The public consultation is now closed.




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Public Enforcement and Corporate Governance in Asia: Guidance and Good Practices

This book presents a study of the corporate governance legal framework and enforcement by capital market regulators in participating Asian jurisdictions.




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Corporate Governance Enforcement in the Middle East and North Africa: Evidence and Priorities

This paper examines key developments in public and private corporate governance enforcement in the Middle East and North Africa region, highlighting the growing level of public enforcement as expertise within the securities regulators grows and providing policy recommendations on specific aspects of governance frameworks.




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OECD’s Gurría welcomes passage of Latvian law on governance of state-owned enterprises

OECD Secretary-General Angel Gurría today welcomed the passage into law of Latvia's “Public Persons Enterprises and Capital Shares Governance Law”.




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5th Meeting of the OECD Network on the Governance of State-Owned Enterprises in Southern Africa

26-27 November 2014 – Lusaka, Zambia: This meeting focused on combating corruption and promoting responsible business conduct in SOEs and was followed by a workshop on the governance of SOEs operating in the power generation industry. Participants launched and adopted the Guidelines on the Governance of State-Owned Enterprises in Southern Africa.




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Public consultation on the 2014 Review of the OECD Principles of Corporate Governance

The Principles are being reviewed to ensure their continuing high quality, relevance and usefulness, taking into account recent developments in the corporate sector and capital markets. The OECD invited public comment on the draft revised text. Deadline for comment: Now closed.




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Survey on the contribution of SMEs to due diligence for responsible mineral supply chains

The German Federal Institute for Geosciences and Natural Resources (BGR), supported by the OECD, has initiated a study to assess the contribution of small and medium-scale enterprises (SMEs) to due diligence for responsible mineral supply chains. To gather information for this study, SMEs were invited to take part on a confidential survey of due diligence activities by SMEs.




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Corporate Bonds, Bondholders and Corporate Governance

This report provides a comprehensive global overview of corporate bond markets since 2000 and experiences of governance engagement by bondholders. The report also analyses trends in secondary bond markets. It ends with a discussion about the scope for institutional changes that may build a larger community of truly informed and motivated bond investors.