The  have identified poor regulatory and judicial enforcement as a significant impediment to shareholder protection and foreign investment in emerging markets.

Deficiencies in emerging market enforcement have helped make arbitration of company law disputes (ACLD) the preferred method of dispute resolution for private-equity investors in many key emerging markets, such as Russia and China.

The OECD has therefore initiated an ACLD programme to:

1. generate policy dialogue on the role of ACLD in corporate governance;
2. develop a global comparative understanding of how various OECD member and non-member states approach ACLD; and
3. develop and disseminate practical guidelines and other documentation on using ACLD to protect shareholders' rights

Documents

• The Resolution of Corporate Governance Related Disputes Exploratory meeting, Stockholm, Sweden, 20th March 2006

More information

• General Information on the OECD's work on Corporate Governance