Corporate Governance Student: Bolbekov Samariddin Group: ih-80 Teacher: Urinov Bobur International principles of cg


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Corporate Governance

Conclusion

Ownership entity” can be understood to mean either a single state ownership agency, a co-ordinating agency or a government ministry responsible for exercising state ownership. Throughout the Guidelines and Annotations, the term “ownership entity” is used without prejudice to the choice of ownership model. Not all adherents to the Guidelines have necessarily assigned a government institution to play a predominant ownership role, and this needs not affect the implementation of the remainder of the recommendations. Applicability. The Guidelines are applicable to all SOEs pursuing economic activities, either exclusively or together with the pursuit of public policy objectives or the exercise of governmental authority or a governmental function. Whether other units of government should adhere to the Guidelines depends in part on the extent to which they undertake economic activities. The Guidelines are generally not intended to apply to entities or activities whose primary purpose is to carry out a public policy function, even if the entities concerned have the legal form of an enterprise. As a guiding principle, those entities responsible for the ownership functions of enterprises held at subnational levels of government should seek to implement as many of the recommendations in the Guidelines as applicable.
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