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Corporate governance of state-owned enterprises

Asia Network on Corporate Governance of State Owned Enterprises - Singapore, 15-16 May 2006

 

For more information on the Asian Corporate Governance Roundtable

The Asia Network on Corporate Governance of SOEs met on 15-16 May in Singapore under the auspices of the Asian Corporate Governance Roundtable.

This first meeting was hosted by the Singapore Institute of Directors and focused on the first two chapters of the Guidelines, namely the legal and regulatory framework and the role of the state as an owner.

The Asia Network on Corporate Governance of SOEs brings together the experience of experts from all Asian economies and is planned to develop 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 objectives of the Network are:

  • to raise awareness of all concerned constituencies on the importance and challenges related to the good corporate governance of SOEs;
  • to evaluate the current SOE corporate governance policy frameworks and practices, and benchmarking these against international good practice as described in the Guidelines;
  • to influence policy making by providing a forum in which policy makers, practitioners and experts can share knowledge and experience among themselves and with their OECD peers;
  • to support viable and effective reforms in the area of SOE corporate governance, by discussing and analysing policy options, developing relevant recommendations and agreeing on priorities for reforms adapted to the conditions in Asian economies.

Agenda

Synthesis Note

Landscape: Recent policy reforms in SOE governance

Selective Tour de table on recent policy reforms

  • Corporate Governance for SOEs - The Bangladesh Context I, Corporate Governance for SOEs - The Bangladesh Context II, Lopa Rahman, Bangladesh Enterprise Institute
  • Policy Challenges of Corporate Governance Reform of SOEs in China, Zhengjun Zhang, Development Research Centre
  • Landscape – Challenges in Reforming SOE Governance - India, Dr. Yaga Ramesh Konda Reddy, Chairman, Academy of Corporate Governance, Hyberabad
  • Recent Policy Reforms in SOE Governance - Indonesia, Elmar Bouma, Forum for Corporate Governance in Indonesia
  • Recent Policy Reforms in SOE Governance - Pakistan, Jaweria Haisum, Director, Securities and Exchange Commission
  • Corporate Governance of State-owned Enterprises in the Philippines: Initial Reforms, Jose T. Tale, Office of the President

Theme I: Challenges ahead to level the playing field between SOEs and the private sector

  • Challenges ahead to level the playing field between SOEs and the private sector Privatization SOEs in Thailand, Dr. Pallapa Ruangrong, State Enterprise Policy Office, Ministry of Finance, Thailand
  • Recent Progress and Challenges in Pakistan, Rana Assad Amin, Joint Secretary, Ministry of Finance, Pakistan

Theme II: The role of the state as an owner

  • Corporate Governance of SOEs: A Singapore Perspective, Dr Yuen teen Mak, Department of Finance and Accounting, School of Business, National University of Singapore
  • New Enterprise Law and Changes Related to State Management Over SOEs, Hoang Duong Nguyen, Deputy Director, Ministry of Finance, Viet Nam

Theme III: The organisation of the ownership function within the state administration

  • The Organization of the Ownership Function within the State Administration, Xiaoliang JIA, Deputy Director General, Bureau of Enterprise Reform, State-owned Assets Supervision and Administration Commission of the State Council (SASAC), China
  • Indonesia Experiences in Managing the State Companies , Andriati Fitriningrum, Ministry of State Owned Enterprises, Indonesia

Theme IV: The State ownership policy

  • The State Ownership Policy - Bangladesh, Dr. Mohammad Ayub Miah, Ministry of Industries, Bangladesh

Theme V: The accountability of the ownership function

  • Accountability of the Ownership Function, Dr. S.M. Dewan, Director General Standing Conference of Public Enterprises (SCOPE), India
  • The Corporate Governance Scorecard for GOCCs/GFIs, Jonathan Juan DC Moreno, Executive Director, Institute of Corporate Directors (ICD), Philippines

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