For more information on the Asian Corporate Governance Roundtable

The Asia Network on Corporate Governance of SOEs met on 19-20 April 2007 in Cebu, The Philippines. The meeting focused on two chapters of the OECD guidelines on corporate governance of state owned enterprises, namely the responsibilities of the boards and relations with stakeholders (chapters VI and IV). The meeting was co-hosted by the Institute of Corporate Directors in partnership with the Office of the President and the Department of Finance.
 
This meeting is the second one of the Asia Network on Corporate Governance of SOEs, which brings together the experience of experts from all Asian economies. The Network has developed into a high-level hub for a structured policy dialogue on corporate governance of SOEs in Asia, using the Guidelines as a framework for discussion. The network will progressively develop a regional policy brief providing a set of recommendations and priorities for policy reform in order to improve the corporate governance of SOEs in Asian Economies.

Agenda
Sythesis Note

Landscape: Recent policy reforms in SOE governance

Selective Tour de table on recent policy reforms

• China: Zhengjun Zhang, Chief of Enterprise System Division, Development Research Center
• India: Sumant Batra, Senior Partner, Kesar Dass B & Associates
• Malaysia: Abdullah Abdul Hamid, Executive Director, Investment, Khazanah Nasional Berhad
• Vietnam: Huang Duong Nguyen, Deputy Director, Ministry of Finance and Thi Phuong Thuy Tran, Deputy Director, State Capital Investment Company (SCIC)

Theme I: Empowering SOE boards: their mandate and functions

• “The Challenges in creating boards in 18 Pilot SOEs”: Qin Yongfa, Deputy Head of Board Pilot Project Office, SASAC (State-owned Assets Supervision and Administration Commission of the State Council), China

Theme II: Improving the quality of SOE boards: nomination, competence and functionning

 

• Presentation of the Green Book on “Enhancing board Effectiveness” of the Putrajaya Committee, Abdullah Abdul Hamid, Executive Director, Investment, Khazanah Nasional Berhad, Malaysia 

Theme III: Holding SOE boards accountable through effective evaluation

 

Theme IV: Specific rights of employees in SOEs and the role of their representatives in boards

 

Theme V: Effective co-operation and communication with stakeholders

• "Effective cooperation and communication with stakeholders": YRK Reddy, Chairman, Yaga Consulting Pvt Ltd & Academy of Corporate Governance, Hyderabad, India
• Presentation of the Silver Book on “Achieving value through social responsibility” of the Putrajaya Committee, Affan Mohd Nawi, Transformation Management Office, Malaysia