OECD Principles of Corporate Governance / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Contributor:

Organisation for Economic Co-operation and Development.

Language:

English

Subjects (All):

Corporate governance--OECD countries.

Corporate governance.

Physical Description:

1 online resource (42 pages)

Place of Publication:

Paris : OECD Publishing, 1999.

Language Note:

English

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 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.

Contents:

Intro

OECD Principles of Corporate Governance

Table of Contents

Preface

Notes

Preamble

Part One - OECD Principles of Corporate Governance

I. The rights of shareholders

II. The equitable treatment of shareholders

III. The role of stakeholders in corporate governance

IV. Disclosure and transparency

V. The responsibilities of the board

Part Two - Annotations to the OECD Principles of Corporate Governance

V. The responsibilities of the board.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on publisher supplied metadata and other sources.

ISBN:

1-280-08236-4

9786610082360

92-64-17370-6

OCLC:

824561153