Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises / OECD.

Format:

Book

Author/Creator:

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

Language:

English

Subjects (All):

Corporate governance.

Physical Description:

1 online resource (40 pages)

Place of Publication:

Paris : OECD Publishing, 2019.

Summary:

The Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises (ACI Guidelines) are the first international instrument to offer states, in their role as enterprise owners, support in fighting corruption and promoting integrity the enterprises they own.They can help states to ensure that owners exemplify integrity in their conduct, that ownership arrangements are conducive to integrity, that state-owened enterprises adhere to good practices at the SOE level and that accountability mechanisms are integral to SOE sectors. The Guidelines complement the goals of the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

Contents:

Preface

Foreword Acknowledgements

About the Guidelines

The Recommendation of the Council on Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises

A. Integrity of the State

Apply high standards of conduct to the state

Establish ownership arrangements that are conducive to integrity

B. Exercise of State Ownership for Integrity

Ensure clarity in the legal and regulatory framework and in the State's expectations for anti-corruption and integrity Act as an active and informed owner with regards to anti-corruption and integrity in state-owned enterprises

C. Promotion of Integrity and Prevention of Corruption at the Enterprise Level

Encourage integrated risk management systems in state-owned enterprises

Promote internal controls, ethics and compliance measures in state-owned enterprises

Safeguard the autonomy of state-owned enterprises' decision-making bodies

D. Accountability of State-Owned Enterprises and of the State

Establish accountability and review mechanisms for state-owned

enterprises

Take action and respect due process for investigations and

prosecutions

Invite the inputs of civil society, the public and media and the business

community

Additional Provisions

Bibliography.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references.

ISBN:

92-64-55811-X