Corporate governance : improving competitiveness and access to capital in global markets : a report to the OECD / by the Business Sector Advisory Group on Corporate Governance, Ira M. Millstein (Chairman)

Author : Organisation for Economic Co-operation and Development
Rating :
Corporate governance : improving competitiveness a...

In its report to the OECD, the Business Sector Advisory Group on Corporate Governance emphasizes that while corporate governance should remain primarily a private sector prerogative, governments have a distinct and important responsibility in providing a regulatory framework that allows investors and enterprises to adapt corporate governance practices to rapidly changing circumstances. There is no static or final structure in corporate governance that every country or corporation should emulate: experimentation and variety should be expected and encouraged within the limits of credible regulations emphasizing fairness, transparency, accountability and responsibility

Publisher : Paris : OECD Publications
Publish Year : 1998
Page : 107 p
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