OECD Review of the Corporate Governance of State-Owned Enterprises in Kazakhstan

The Kazakh government has undertaken crucial legal and regulatory reforms to improve the governance and performance of its state-owned enterprises (SOEs), but further reforms are needed. This review describes and assesses the corporate governance framework of the Kazakh SOE sector against the OECD Guidelines on Corporate Governance of State-Owned Enterprises. It makes recommendations to help the Kazakh authorities reform their state-owned sector and align the exercise of state ownership and the governance of SOEs with international best practices.

Available from February 15, 2024

In series:Corporate Governanceview more titles


Abbreviations and acronyms
Executive summary
The state-owned enterprise landscape in Kazakhstan
Assessment of Kazakhstan relative to the SOE Guidelines
Conclusions and recommendations for Kazakhstan’s state-owned sector
Annexes4 chapters available
Methodological note on data analysis
Selected SOEs – external auditing/ board compositions
Kazakhstan’s privatisation plans
Subsidiaries of SK and Baiterek
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