OECD Guidelines on Corporate Governance of State-Owned Enterprises from Hungarian State-Owned Enterprises’ Point of View
Abstract
The OECD regularly monitors and analyses the activities of economic operators and draws up recommendations in order to provide the OECD Member States with existing suggestions based on several decades of experience.
The OECD developed recommendations on the issue of responsible corporate governance systems and suggested some principles for the effective, transparent and responsible operation of state-owned enterprises for the first time in 2005. In these principles, the OECD made suggestions on how the state should conduct itself as regards the exercise of state proprietary rights in order to make it the most appropriate.
Keywords:
company law
business law
corporate governance
state-owned company
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