This article reviews the new G20/OECD Principles of Corporate Governance, highlighting substantive discussions and notable changes including: Emphasis on a robust and well-functioning regulatory framework; Prominence given to proportionality of application; Expanded treatment of related party...

Financial institutions and the arts have been a historical and natural duo since the Middle Ages, when bankers supported the arts sector and artists. This paper investigates the corporate governance (CG) characteristics of today's financial institutions that engage more extensively with...

This report evaluates the corporate governance practices of Colombian State-Owned Enterprises (SOEs) against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The assessment was prepared based on information provided by the Colombian authorities, an analysis of the...

The COVID-19 epidemic is disrupting business activity, causing demand to collapse and straining global supply chains. Based on the OECD Product Market Regulation (PMR) indicators, this note considers the policy challenges raised by government interventions, with a special focus on the governance...

In this study, we use board reforms across countries as a natural experiment to examine the effect of governance on firm leverage. We find that board reforms are associated with a statistically significant 1 percentage point increase in leverage overall, and a 5 percentage point increase on...

This article investigates an under researched area: corporate governance in state owned enterprises. State owned enterprises form a significant part of the economy in many countries and particularly so in Asia. Examining the case of the Philippines, the article answers three core questions:...

In 2004 the Organization for Economic Co-operation and Development (OECD) issued a reviewed version of the Principles of Corporate Governance (hereunder the “OECD Principles”), first endorsed in 1999 .As stated in their Preamble, “The Principles focus on publicly traded companies, both...

Historically, the main contribution of exchanges to corporate governance has been listing and disclosure standards and monitoring compliance. Stock exchanges have established themselves as promoters of corporate governance recommendations for listed companies. Demutualisation and subsequent...