Summary
These Guidelines should be seen as complementary to the OECD Principles of Corporate Governance and oriented to the range of specific governance issues related to SOEs. They accordingly adopt the perspective of the state as an owner, focusing on the characteristics and components of its policy which would ensure good corporate governance. In addition to this, these Guidelines deal with the way in which the ownership function should be organised within the state administration, how boards should be appointed and vested with responsibilities and how transparency should be ensured. It should be understood that these Guidelines only seek to amplify or add specificity to the OECD Principles of Corporate Governance in certain areas, and do not supersede nor conflict with them.