Share

Corporate governance and corporate finance

book

A Policy Maker's Guide to Privatisation

Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public. Drawing on the internationally agreed OECD Guidelines on Corporate Governance of State-Owned Enterprises and decades’ worth of national experience across both OECD and Partner economies, this Policy Maker’s Guide to Privatisation provides practical advice to newcomers on key stages of the process from inception to post-privatisation. With global privatisation activity trending upwards and expected to rise, this Guide can support policy makers in their decision making process in the years to come.

Published on March 21, 2019

In series:Corporate Governanceview more titles

TABLE OF CONTENTS

Preface
Foreword
Executive summary
Introduction
Guiding principles
Measures to be undertaken before divesting
Organising the process of privatisation
Steps to be taken post-privatisation
Annexes2 chapters available
Ensuring anti-corruption and integrity in the privatisation process: A step-by-step guide
Key questions for policy makers
Powered by OECD iLibrary

Key information

The guiding principles and rationales underlying a transaction should be clear and communicated to the public in advance.
Privatisations are complex; they require transparent and credible institutional frameworks that appropriately involve stakeholders.
Appropriate competition and market regulation should be in place prior to the privatisation.