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OECD principles of corporate governance

Author: Organisation for Economic Co-operation and Development.
Publisher: Paris : OECD, ©1999.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Over the past decade, the world has witnessed a significant transformation in the role of the private sector in economic development and job creation. As more and more countries have adopted market-based approaches to economic policy, there has been an increasing awareness of the importance of private corporations for the welfare of individuals. A good corporate governance regime is central to the efficient use of  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Organisation for Economic Co-operation and Development.
OECD principles of corporate governance.
Paris : OECD, ©1999
(DLC) 00295210
(OCoLC)42703628
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Organisation for Economic Co-operation and Development.
ISBN: 9264171266 9789264171268 9789264173705 9264173706
OCLC Number: 64595200
Notes: Published in French under the title: "Principes de gouvernement d'entreprise de l'OCDE."
"Endorsed by ministers at the OECD Council meeting at ministerial level on 26-27 May 1999 ... developed in response to a mandate given to the Organisation by the OECD Council meeting at ministerial level in 1998 to develop a set of standards and guidelines on good corporate governance."--Page 4 of cover.
Description: 1 online resource (45 pages)
Responsibility: Organisation for Economic Co-operation and Development.

Abstract:

Over the past decade, the world has witnessed a significant transformation in the role of the private sector in economic development and job creation. As more and more countries have adopted market-based approaches to economic policy, there has been an increasing awareness of the importance of private corporations for the welfare of individuals. A good corporate governance regime is central to the efficient use of corporate capital. Good corporate governance also helps to ensure that corporations take into account the interests of a wide rage of constituencies, as well as of the communities within which they operate, and that their boards are accountable to the company and the shareholders. This, in turn, helps to assure that corporations operate for the benefit of society as a whole. It helps to maintain the confidence of investors - both foreign and domestic - and to attract more long-term capital. The OECD Principles of Corporate Governance were endorsed by ministers at the OECD Council meeting at ministerial level on 26-27 May 1999. They were developed in response to a mandate given to the Organisation by the OECD Council meeting at ministerial level in 1998 to develop a set of standards and guidelines on good corporate governance.

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