Page 58 - Microsoft Word - 00 Prelims.docx
P. 58
Chapter 3
The OECD Principles of Corporate
Governance
The OECD consists of 34 countries who want a free market economy with one set of
rules for corporate governance.
OECD Framework
6 principles
Effective corporate
governance framework
Shareholders’ rights of
ownership
Fair treatment of
shareholders
Stakeholders’ role and
rights
Disclosure and
transparency
Responsibilities of the
board
52