The Governance Revolution

Chapter 16 Assessing the Proliferating Policies and Principles

To continue the thread regarding increased global focus on corporate governance, we turn next to the Organization for Economic Co-operation and Development Principles. The OECD, formed in 1961 by twenty member countries including the United States and later expanded, promotes policies designed to achieve the highest sustainable economic growth and employment and a rising standard of living in member countries, while maintaining financial stability, and thus to contribute to the development of the world economy.

The G20/OECD Principles of Corporate Governance, first published as the Organization for Economic Co-Operation and Development Principles in 1999, revised in 2004 and revised ...