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.
The risk of corruption in and around state-owned enterprises: What do we know?
Based on a survey of 347 SOE respondents from 213 companies in 34 countries, this chapter outlines where corruption and other irregular practices in SOEs have occurred in recent years. It explores how SOE and respondent characteristics, such as the company’s sector or the respondent’s position, influences the perception of corruption-related risks. Data is deconstructed to understand more about the specific high-risk areas of public procurement, conflict of interest, influence in decision-making and bribery. Concluded cases of corruption and other irregular practices illustrate how such corruption risks can materialise.
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