Executive summary
The nomination and election of board members is one of the fundamental elements of a
functioning corporate governance system around the world and has accordingly been
chosen as the theme for the fourth peer review by the OECD’s Corporate Governance
Committee. Four jurisdictions have volunteered for an in-depth review – Indonesia, Korea,
the Netherlands and the United States. Twenty two participating jurisdictions in the
Committee have provided more general background information. As in the past three
reviews, the objective is to:
- assess governance practices against the Principles to see how they are implemented and
- in what way they might need to be improved to better address the reality of different
- corporate systems and;
- provide advice to policy makers in the reviewed jurisdictions.
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