State-Owned Enterprises and Corruption
What Are the Risks and What Can Be Done?
Corruption is the antithesis of good governance, and it is a direct threat to the purpose of state ownership. This report brings a comprehensive set of facts and figures to the discussion about the corruption risks facing state-owned enterprises (SOEs) and how they, and state ownership, go about addressing them. The report suggests options to help the state as an enterprise owner fight corruption and promote integrity in the SOE sector, laying the foundation for future OECD guidance on the subject.
About this report
In 2015 the OECD revised its Guidelines for Corporate Governance of State-Owned Enterprises (the “SOE Guidelines”) which supplement and complement the G20/OECD Principles of Corporate Governance (2015a). In 2016, the Working Party on State Ownership and Privatisation Practices (“Working Party”) set out to explore whether state-owned enterprises (SOEs) are exposed to unique corruption risks and consequently decided that specific standards of integrity and corporate governance should be developed.
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