Responsible Business Conduct in the State-Owned Enterprise Sector in Asia : Stocktaking of National Practices / OECD.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

International business enterprises--Law and legislation.

International business enterprises.

Physical Description:

1 online resource (72 pages)

Place of Publication:

Paris : OECD Publishing, 2022.

Summary:

This report provides an overview of national practices to enable responsible business conduct (RBC) in state-owned enterprises (SOEs) by examining relevant legislation, policies and practices applicable to SOEs in a sample of OECD countries and developing and emerging economies.

Contents:

FOREWORD

ACRONYMS AND ABBREVIATIONS

1 Introduction

1.1. Understanding responsible business conduct (RBC)

1.2. Importance of enabling RBC practices by SOEs

Setting a tone of integrity at the top

Challenges emerge from increasing internationalisation of SOEs

Integrating RBC as part of core business decision-making for SOEs is an effective risk

management tool

More evidence is indicating that RBC can improve financial performance of businesses

Balancing commercial objectives with non-commercial objectives

1.3. International standards related to RBC and SOEs

OECD Guidelines on Corporate Governance of State-Owned Enterprises

Other relevant initiatives

2 Enhancing RBC in SOEs: comparing national practices in Asia

2.1. Promoting RBC in national frameworks through commitments to international benchmarks

2.2. Enhancing national legislation, policies and measures bearing on RBC through SOE

corporate governance

2.3. Monitoring RBC performance in SOEs

2.4. Supporting stakeholder engagement in SOEs

3 Key takeaways

3.1 Raising the bar on corporate governance practices in SOEs is a key element for promoting

and enabling responsible business conduct

REFERENCES

Annex A. Questionnaire for the OECD Asia-Pacific Network on RBC and Corporate

Governance of State-Owned Enterprises

Background

Purpose and structure

Scope

Questionnaire

Annex B. RBC practices in SOEs: surveyed country profiles

Cambodia

India

Indonesia

Kazakhstan

Korea

Malaysia

Pakistan

Turkey

Viet Nam.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-81244-X