SOE Good Corporate Governance Index
The SOE Good Corporate Governance Index (the Index) has been compiled since 2012. But the Index evaluation report was introduced as an independent document from the annual report on the state-owned enterprise (SOE) activities in 2016.
The SOE Good Corporate Governance Index essentially aims to assess how SOEs have implemented good governance practices, which include the main recommendations by the Organization for Economic Cooperation and Development (OECD), the provisions of Resolution No 665 Approving the Schedule of Procedures for the Implementation of State Property and Non-Property Rights in State-Owned Enterprises (Ownership Guidelines) and of Resolution No 1052 Approving the Guidelines for Ensuring Transparency of State-Owned Enterprises (Transparency Guidelines), and other documents governing the SOE activities. Currently, the SOE Good Corporate Governance Index is the only tool that facilitates the evaluation of the quality of SOE governance.
The Index methodology is reviewed on an annual basis and updated both in order to respond to changes in the legislation governing the SOE activities or evolving governance practices, and in order to reinforce the reliability of the Index and its ability to reflect good corporate governance of SOEs in a high quality manner.