Key Principles on the Corporate Governance of State-Owned Enterprises

Key Principles on the Corporate Governance of State-Owned Enterprises Corporate Governance of State- Owned Enterprises – Key Principles Peter Golias INEKO Director, Slovakia September, 2021 Video Conference: Transparency and financial health of state-owned enterprises in Ukraine About project • Title: Strengthening democratic resilience of key public institutions in Ukraine • Duration: July 1, 202. [...] Evaluation of transparency and financial health of 50 biggest public enterprises; 3. [...] Evaluation of transparency and financial health of at least 50 biggest cities and 22 regions. [...] Key outputs and results • June 2021: Report and internet portal on independence of key public institutions in Ukraine: • Regular update of transparency and financial health ratings of: • Public enterprises: • Local governments (cities and regions): governments.icps.com.ua/ Transparency rating 2017 2018 2019 2021 Biggest c. [...] • Autonomous (non-coordinated) governance, lack of transparency and social/financial responsibility • Ministry of Finance plans to implement Corporate Governance principles Example of bad practice from Slovakia • In 2020-21 the Ministry of Transport selected 11 members of the Boards of Directors in 4 major SOEs (highway construction, personal and cargo railway transport, and Bratislava airport) •.