Corporate governance trends and developments in the OECD area: Where do we go from here?

The developments of corporate governance in recent years suggest that a convergence of approaches is occurring among OECD member countries. Across OECD economies, the accountability of directors and executives has been strengthened, shareholder rights enhanced, and disclosure improved. In addition, governments are busy developing ways to take advantage of new technologies to improve corporate governance. The OECD Principles have facilitated this convergence by serving as a key reference for corporate governance codes