What does the OECD do to promote good corporate governance practices?
By issuing the OECD Principles of Corporate Governance , the OECD has provided governments, regulators and other standard setters with an international benchmark. These Principles are used for an ongoing dialogue on experiences and improvements that can be made. The discussions include not only government representatives but also a very large number of practitioners from the private sector, representatives from international organisations and civil society. Moreover, the OECD works closely with a large number of developing and emerging market countries. In particular, the OECD is organising Regional Corporate Governance Roundtables in Asia, Latin America, Eurasia, Southeast Europe and Russia. These Roundtables have used the OECD Principles to formulate regional reform priorities and are now actively engaged in implementing these recommendations.
