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OECD Principles of Corporate Governance Summary:2004 First released in May 1999 and revised in 2004, the OECD Principles are one of the 12 key standards for international financial stability of the Financial Stability Forum (FSF) and form the basis for the corporate governance component of the Report on the Observance of Standards and Codes of the World Bank Group. 2004 Revision of the Principles In 2002, OECD Ministers called for a review of the OECD Principles of Corporate Governance. After more than a year of extensive and open consultations, including an opportunity for public comment via the website, the revised Principles were released in April 2004. The work on reviewing the Principles was supported by a survey of corporate governance developments in OECD countries, which was carried out in 2002-2003, and a similar synthesis of experiences gained from the Regional Corporate Governance Roundtables. During the review process, the OECD Steering Group on Corporate Governance, charged with the assessment, asked for public comment on the draft text of the revised Principles. Comments were received from more than 70 individuals, national and international organisations, including, amongst others, the International Corporate Governance Network, Standard and Poors, the International Federation of Accountants, Institutes of Internal Auditors. Please select one mirror to download
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