© OECD
OECD GUIDELINES ON THE CORPORATE GOVERNANCE OF STATE-OW NED ENTERPRISES © OECD 2 PREAMBLE In several OECD countries, State-Owned Enterprises (SOE) still represent a substantial part of GDP, employment and market capitalisation
Moreover, State-Owned Enterprises are often prevalent in utilities and infrastructure industries, such as energy, transport and telecommunication, whose performance is of great importance to broad segments of the population and to other parts of the business sector
Consequently, the governance of SOEs will be critical to ensure their positive contribution to a country’s overall economic efficiency and competitiveness
OECD experience has also shown that good corporate governance of State-Owned Enterprises is an important prerequisite for economically effec