The OECD Latin America Corporate Governance programme provides expertise on the corporate governance of listed companies and state-owned enterprises in the region, and on the challenges for local capital market development. The programme’s current focus is on corporate sustainability and growth companies’ access to public markets.
Corporate Governance in Latin America
The Latin America Corporate Governance programme aims to advance the reform agenda on corporate governance in the region while promoting awareness and use of the G20/OECD Principles of Corporate Governance.
About
OECD-Latin America Roundtable on Corporate Governance
Established in 2000, the Latin America Corporate Governance Roundtable facilitates public and private sector policy dialogue by providing a forum for experience sharing between policy-makers, regulators and market participants from countries of the region.
- Promote dialogue and experience sharing on corporate governance and corporate finance challenges in Latin America.
- Support reforms that promote good corporate governance and corporate policies and practices.
- Promote awareness and use of the G20/OECD Principles of Corporate Governance.
- Support the participation of non-OECD Latin American economies in OECD work on corporate governance and corporate finance.
The following economies participate in the Roundtable: Argentina, Bolivia, Brazil, Chile, Costa Rica, Colombia, Dominican Republic, Ecuador, Italy, Mexico, Panama, Peru, and Spain.
Why is corporate governance important?
The OECD provides guidance to governments and securities regulators on corporate governance. Carmine Di Noia, OECD Director for Financial and Enterprise Affairs, explains why good corporate governance is important.
Corporate sustainability in Latin America
Most asset managers investing in Latin America review their portfolio companies' sustainability disclosure.
While not every country in the region requires listed companies to disclose an annual sustainability report, companies representing 83% of the region's market capitalisation disclose sustainability information. Among them, more than two-thirds market capitalisation hire a third party to conduct an external assurance of the report (typically by an audit firm and with a limited level of assurance).
