As the fourth review of the OECD/G20 Principles of Corporate Governance gets underway, OECD’s Daniel Blume and Serdar Çelik take a look at what is in store for corporate governance frameworks
Digital technologies and data – including Artificial Intelligence (AI) – hold the potential to automate and thus improve the efficiency and effectiveness of regulatory, supervisory and enforcement activities, which have become increasingly complex in recent years. Looking at the most common uses of supervisory technology (SupTech) by competition authorities, securities regulators and anti-corruption agencies to date, the OECD’s Emeline Denis identifies associated benefits, risks and challenges, and outlines considerations for devising adequate SupTech strategies across policy areas
Anna Griffin outlines how a new project by Transparency International Australia will identify the loopholes that enable corruption to thrive in the infrastructure sector in the Asia-Pacific region
How do the youth of today define trust in business and what significance does it bear on our lives and our futures? We are three young women who were born and raised on three different continents who have sought to find answers to this seemingly complex but important question.
Environmental, Social and Governance (ESG) investing has grown considerably and is fast becoming mainstream. Yet market participants across the board are missing the relevant, comparable ESG data they need to properly inform decisions, manage risks, measure outcomes, and align investments with sustainable, long-term value. OECD's Greg Medcraft summarises the findings in the 2020 OECD Business and Finance Outlook.
OECD’s France Chain and Daisy Pelham look at the critical role corporate compliance plays in the fight against bribery and corruption in the run-up to the launch of a new OECD Study on Corporate Anti-Corruption Compliance Drivers, Mechanisms, and Ideas for Change.
The active development of institutions that protect the rights of entrepreneurs began in the 90s in the European Union, United States and Australia. Only recently have similar institutions been established in the post-socialist regions of Eastern Europe and Central Asia.
The debate around corporate purpose intensified this year when the US Business Roundtable published a new ‘statement of purpose’ which relegated shareholders to just one of several key stakeholders. This post by Andrew Cave of Baillie Gifford examines what we mean by corporate purpose and why trust is a critical component.
Only one hundred companies produce over 70% of greenhouse gas emissions so they should also be responsible for taking action to address the impacts of climate change. On the occasion of the 2019 Responsible Business and Human Rights Forum, OECD's Cristina Tébar Less, looks at the actions business is expected to take. It is widely … Continue reading How can business meet its responsibility to address climate change?
The economies across the Middle East and North Africa region are looking to mobilise investment, private sector development and entrepreneurship to support economic growth and employment. The OECD's Fianna Jurdant shares some insights from a new OECD report on how sound corporate governance can help achieve this goal.