Introduzione
The OECD Guidelines on Corporate Governance of State-Owned Enterprises (the Guidelines) are recommendations to governments on how to ensure that SOEs operate efficiently, transparently and in an accountable manner.
They are the internationally agreed standard for how governments should exercise the state ownership function to avoid the pitfalls of both passive ownership and excessive state intervention.
The Guidelines were first developed in 2005 as a complement to the OECD Principles of Corporate Governance1 (the Principles).
They have been updated in 2015 to reflect a decade of experience with their implementation and address new issues that have arisen concerning SOEs in the domestic and international context.
In carrying out their ownership responsibilities, governments can also benefit from following recommendations that are applicable to the private sector, notably the G20/OECD Principles of Corporate Governance.
The Guidelines are intended as a complement to the Principles, with which they are fully compatible.
Other relevant OECD instruments include the OECD Guidelines for Multinational Enterprises.
Auxiliary guidance may also be sought from other sources, such as the OECD Policy Framework for Investment and the OECD Competition Assessment Toolkit.
The Guidelines provide advice on how governments can ensure that SOEs are at least as accountable to the general public as a listed company should be to its shareholders.
The updated Guidelines were adopted by the OECD Council, the governing body of the Organisation, in July 2015, as part of a Recommendation of the Council to promote their use by the international community.
