One of the OECD (2004) principles of corporate governance is that: “The corporate governance framework should protect and facilitate the exercise of shareholders' rights.”
This chapter examines this principle in some depth.
The Organisation for Economic Co-operation and Development has published a number of studies on corporate governance. In one study (OECD 2004) it outlined a series of benchmarks intended for use by investors, policy makers, corporations and other stakeholders. Corporations that follow the guidelines provided in this document will have a strong corporate governance system.
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References
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McGee, R.W. (2008). Rights of Shareholders. In: McGee, R.W. (eds) Corporate Governance in Transition Economies. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-84831-0_2
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