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The G20/OECD principles of corporate governance 2015 : a critical assessment of their operation and impact.

Siems, Mathias and Alvarez-Macotela, Oscar (2017) 'The G20/OECD principles of corporate governance 2015 : a critical assessment of their operation and impact.', Journal of business law., 2017 (4). pp. 310-328.


The OECD promotes the 2015 version of the Principles of Corporate Governance as a means "to support investment as a powerful driver of growth". But how realistic is this ambition? This article provides a critical assessment of the operation and impact of these Principles. It maps the governance model of the Principles and discusses their impact on state legislation and corporate governance at the firm level. It concludes that there are various problems with the operation of the Principles insofar as they are regarded as a universal benchmark, while they can be a useful "common frame of reference" for the debate about corporate governance reform in academia and practice.

Item Type:Article
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Publisher statement:This is a pre-copyedited, author-produced version of an article accepted for publication inJournal of Business Law following peer review. The definitive published version Siems, Mathias & Alvarez-Macotela, Oscar (2017). The G20/OECD Principles of Corporate Governance 2015: A Critical Assessment of their Operation and Impact. Journal of Business Law 2017(4): 310-328 is available online on Westlaw UK or from Thomson Reuters DocDel service.
Record Created:20 May 2016 16:06
Last Modified:20 May 2018 00:42

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