OECD reviewing corporate governance
The OECD is reviewing corporate governance in the light of the financial crisis. They commissioned Richard Anderson & Associates to report on the link between risk management strategies and remuneration policies, and the role of the board of directors in establishing and monitoring risk management strategies and remuneration policies.
What people have said about the report:
"Insightful"
a "pithy summary" - "This is a strong, impressive report. Your grasp of the issues in a still-unfolding international financial disaster is not only impressive, but lends credibility to your recommendations which, taken together, are peerless. I hope that they are widely read, debated and, ultimately, implemented. I will not comment on each of your recommendations, nor your analyses and arguments in support of them, because there would be nothing substantive that I could add."
- "I have to read about risk day in and day out on the day job so for balance I prefer to read about other topics. But ... I made myself read it and I am glad I did. You paint a valuably comprehensive picture, and propose many innovative solutions."
This report, which contains a series of recommendations can be downloaded by clicking here. Or a summary report can be found by clicking here.
It should be stressed that this report does not necessarily represent the views of the OECD, its staff or the OECD Steering Group on Corporate Governance.
The OECD are continuing their dialogue in Corporate Governance: click here for more details.
If you would like to discuss this any further, then contact us here...
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