Corporate Governance - Improving Competitiveness and Access to Capital in Global Markets - A Report to the OECD by the Business Sector Advisory Group O (Electronic book text)

In this report, it is emphasized that while corporate governance should remain primarily a private sector perogative, governments are responsible for providing a regulatory framework that allows investors and enterprises to adapt corporate governance practices to rapidly changing circumstances. There is no static or final structure in corporate governance: experimentation and variety should be expected and encouraged within the limits of credible regulations emphasizing fairness, transparence, accountability and responsibility. Within this framwork, perspectives to guide public policies related to corporate governance are presented, as are suggested areas for private sector voluntary action and recommended further actions.