OECD To Review Corporate Governance Principles

The Organization for Economic Cooperation and Development (OECD) has begun a process to update its international corporate governance framework to reflect pressing current issues, including: enhancing disclosure; the board’s rule in risk oversight and management; and expanding shareholder voting rights with respect to compensation and audit issues. Holly J. Gregory, partner with Weil, Gotshal & Manges LLP, breaks down corporate governance areas likely to be discussed in the OECD’s review of its principles.