OECD 공기업지배구조 지침에 대한 연구

Abstract

OECD’s Principles of Corporate Governance applied to private enterprises plays a great role in Guidelines on Corporate Governance of State-Owned Enterprises enacted and proclaimed by OECD in 2005. This is due to in order for state-owned enterprises to function effectively, OECD’s Guideline on Corporate Governance of State-Owned Enterprises recommends the use of principles which are applicable to private enterprises, such as principles of corporate governance, to be applied to state-owned enterprises. Furthermore, regulations and legal systems regarding state-owned enterprises bases on Principles of Corporate Governance of OECD. In other words, Guidelines on Corporate Governance of State-Owned Enterprises and Principles of Corporate Governance does not conflict with each other, but is established based on similar standard. As a result, we can examine that OECD’s Principles of Corporate Governance and general principles of corporate governance are also applied to state-owned enterprises. For state-owned enterprises to promote its primary goal (its public goal), it is necessary for corporate to avoid from being burden on government with cases of bankruptcy. These principles cannot be disregarded today, where economic crisis results into government’s financial crisis.