OECD corporate governance principles
The G20/OECD Principles of Corporate Governance provide an international policy benchmark for governance frameworks. The 2023 edition addresses the framework itself, shareholder rights, institutional investors and markets, reporting, board responsibilities, and sustainability and resilience. They guide policy and assessment while allowing for different national systems; they do not impose one binding company-law code worldwide.
Worked example
A policy review considers whether shareholders can exercise voting rights effectively and whether disclosure and board accountability arrangements support trust in markets. The principles provide a reference point for assessing the framework.
Common mistake
Presenting the principles as legislation or copying an older edition’s chapter structure without identifying its date.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |