What are the OECD Principles?
The OECD Principles of Corporate Governance provide a framework for effective corporate governance, focusing on transparency, accountability, and fairness.
Can you explain the main principles?
Sure! The main principles include ensuring the rights of shareholders, the equitable treatment of shareholders, and the role of stakeholders in corporate governance.
How do these principles impact businesses?
These principles help businesses build trust with investors, improve performance, and enhance their reputation in the market.
Are these principles legally binding?
No, the OECD Principles are not legally binding but serve as guidelines for countries to develop their own corporate governance frameworks.
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