By Date

Fiscal Federalism 2016 - Making Decentralisation Work

Changing business models of stock exchanges and stock market fragmentation

This report reviews structural changes in the stock exchange industry and provides data on M&A changes in the aggregate revenue structure of major stock exchanges. It describes the fragmentation of the stock market resulting from an increase in stock exchange-like trading venues, such as alternative trading systems (ATSs) and multilateral trading facilities (MTFs), and a split between dark (non-displayed) and lit (displayed) trading.

The impact of investment treaties on companies, shareholders and creditors

Investment treaties are intended to offer foreign investors protection for their investments from host government conduct in violation of the treaty. This report examines how many investment treaties, as interpreted, have generated rules that can disrupt fundamental principles of corporate governance and corporate finance.

Is foreign bribery an attractive investment in some countries? (pdf)

One of the most basic legal principles is that crime should not pay. Yet this report shows that, in many jurisdictions with weak sanctions, foreign bribery may be an attractive investment. It shows, in particular, that a company would still be willing to "invest" in a foreign bribery scheme even if it knew in advance that it would be caught and fined at the end of the bribery scenario.

Fourth Global Forum on Responsible Business Conduct

Welcome to the 4th Global Forum on Responsible Business Conduct. This year we are celebrating the 40th anniversary of the OECD Guidelines for Multinational Enterprises, the OECD’s main instrument for promoting better business practices. This is a good moment to reflect on the potential multilateralism. In the past year the global community has reached a breakthrough climate agreement at COP21 and established an ambitious set of SDGs.

Enhancing Business Integrity for Trust and Inclusive Finance - Note Etiche

I am delighted to welcome you for a performance of Note Etiche. Thank you Ambassador Checchia for this original initiative. It will be wonderful to hear live music and policy debate intertwine! Especially around such a key, topical issue as business integrity and ethics in the financial sector. We could not ask for a better, more pleasant prelude for tomorrow’s Global Forum on Responsible Business Conduct.

1st meeting of the Global Knowledge Sharing Network on Corporate Governance of State-Owned Enterprises

7-8 June 2016: This meeting of the Global Knowledge Sharing Network on Corporate Governance of State-Owned Enterprises provides an opportunity for policy makers from around the world to discuss priorities for SOE reform and to support implementation through knowledge sharing.

OECD Report to G7 Leaders on Responsible Business Conduct

This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders’ Declaration in the area of responsible business conduct. Four areas of action are covered: outreach on responsible business conduct (RBC) standards to other countries; development of guidance for supply chain due diligence; monitoring of multi-stakeholder initiatives; and strengthening National Contact Points.

Strengthening Responsible Business Conduct through Trade and Investment

In order to achieve sustainable and inclusive growth, there is a need not only for more, but for better investment, including through investment policy frameworks that foster responsible business conduct (RBC). This paper describes the OECD's efforts to promote RBC through the application of the OECD Guidelines for Multinational Enterprises.

Business and finance: The size of the reversal of the supercycle is bigger than you think

27/05/2016 - The real economy will always seem to be disconnected from the financial economy during periods when the need for structural change is so overwhelming that it can hardly be otherwise. We have had the easiest monetary policy of any historical era outside of hyperinflations, and productivity fails to grow, economic activity is weak...