OECD Review of the Corporate Governance of State-Owned Enterprises in Romania / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Series:

Corporate Governance, 20776535.

Language:

English

Subjects (All):

Governance.

Romania.

Local Subjects:

Governance.

Romania.

Physical Description:

1 online resource (148 p. )

Edition:

1st ed.

Place of Publication:

Paris : OECD Publishing, 2023.

Summary:

The Romanian government has undertaken important legal and institutional changes over the past decade to improve the governance and performance of its state-owned enterprises (SOEs), yet significant implementation shortcomings persist. This review describes and assesses the corporate governance framework of the Romanian SOE sector against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. It also makes recommendations to help the Romanian authorities design adequate mechanisms to ensure the implementation of applicable rules for the exercise of state ownership and the governance of SOEs.

Contents:

Conclusions and recommendations

Example of a letter of expectation - Hidroelectrica

Abbreviations and acronyms

Executive summary

Foreword

Overview of the 216 enterprises fully or majority-owned by the central government

The state‑owned enterprise landscape in Romania

Assessment of Romania against the OECD Guidelines of Corporate Governance of SOEs

Listed companies with a consolidated public sector ownership of no less than 10%.

ISBN:

92-64-49767-6

92-64-17207-6