1. Anticorruption Guidance for Partners of State-Owned Enterprises
- Author:
- Alexandra Gillies and Tom Shipley
- Publication Date:
- 01-2022
- Content Type:
- Special Report
- Institution:
- Natural Resource Governance Institute
- Abstract:
- Drawing on broad stakeholder consultations, corruption case analysis and reviews of existing best practices, this guidance proposes concrete measures that international oil, gas a mining companies should adopt to reduce corruption risks in their work with state-owned enterprises (SOEs) in the oil, gas and mining industries. It also recommends measures SOEs can take to strengthen their anticorruption safeguards. The guidance for private-sector companies has five parts: Conducting due diligence on SOEs; Avoiding high-risk agents; Responding to political exposure; Safeguarding payments; Protecting joint ventures from corruption. The final section identifies corresponding recommendations for SOEs in each of these five areas.
- Topic:
- Corruption, Natural Resources, Business, Risk, and State-Owned Enterprises
- Political Geography:
- Global Focus