Good corporate governance plays a vital role in how economies and societies develop. Now, more than ever, this level of top-class governance must continue if we are to recover from the impact of the COVID-19 crisis. This latest edition of the OECD Corporate Governance Factbook offers a comprehensive account of how the G20/OECD Principles of Corporate Governance are implemented around the world.
Today we are sharing the OECD Corporate Governance Factbook 2021 as we believe it can form an integral part of your corporate governance thought process.
With comparative information across 50 jurisdictions including all OECD, G20 and financial stability board members, the factbook supports informed policy-making by providing up-to-date information on the ways in which different countries translate the principle recommendations into their national legal and regulatory frameworks.
This OECD Corporate Governance Factbook 2021 provides information on the changing market context and how regulatory frameworks are adapting to it. In the context of rebuilding our economies in the wake of the COVID-19 crisis and promoting stronger, cleaner and fairer economic growth, good corporate governance plays an essential role. It fosters an environment of market confidence and business integrity that supports capital market development.
The quality of a country’s corporate governance framework is decisive for the dynamism and the competitiveness of its business sector and the economy at large. It will also support the corporate sector to manage environmental, social and governance (ESG) risks and better harness the contributions of different stakeholders, be it shareholders, employees, creditors, customers, suppliers, or adjacent communities, to the long-term success of corporations. This latest edition of the Factbook confirms that regulatory frameworks related to corporate governance have been evolving substantially.
The OECD Corporate Governance Factbook is set to play a vital role in informing the ongoing review of the G20/OECD Principles of Corporate Governance, taking place at the OECD with the participation of all G20 countries.
Please note that this OECD Corporate Governance Factbook is a lengthy read at 252 pages, but more than worth reviewing.
Click here to read the OECD Corporate Governance Factbook 2021