Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development is an intergovernmental organisation that provides a forum for policy cooperation, economic and social analysis, data and international standards. Governments can use its work to compare experience and develop policies. The OECD also publishes corporate-governance principles, but the organisation is broader than that particular framework. Its publications are not automatically domestic law; legal effect depends on the instrument and the relevant jurisdiction.
Worked example
A policy team compares OECD productivity data when assessing an economy’s performance. Separately, a governance adviser consults the G20/OECD Principles of Corporate Governance. Neither activity means every OECD recommendation has become a binding company rule.
Common mistake
Confusing OECD analysis or recommendations with legislation, or treating the organisation and its corporate-governance principles as the same concept.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Supporting | September 2026–June 2027 |
| ACCA | SBL | Supporting | September 2026–June 2027 |
| FIA | FBT | Supporting | September 2026–June 2027 |