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Date of publication
23 March 2015

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This report evaluates the corporate governance framework for the Latvian state-owned enterprise sector relative to the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report was prepared at the request of the Republic of Latvia. It is based on discussions involving all OECD countries.

Table of contents

• Introduction

• The SOE landscape in Latvia

• Assessment of Latvia's SOE sector under the OECD Guidelines on Corporate Governance of SOEs

• Conclusions and recommendations

• Annex 1: The 32 largest Latvian SOEs

• Annex 2: Latvian Privatisation Agency Defined Principles for Nomination of Supervisory Boards

• Annex 3: Summary of procedures for changes to Latvian SOE capital structures

• Annex 4: Further background on select large Latvian SOEs