Corporate governance boards of directors of state owned enterprises an overview of national practices amazonde organisation for economic co operation and development oecd fremdsprachige bucher. Asserts that boards of directors have two principal fiduciary duties toward the company the duty of care and the duty of loyalty which have implications that can pose particular challenges for state owned enterprise soe board members important steps in building professional soe boards include 1 developing a clear and transparent nomination process to select skilled capable board . Governance of state owned enterprises the soe guidelines this compendium of national practices was developed with a view to facilitating greater awareness and more effective implementation of the soe guidelines it provides a comprehensive overview of the state of soe ownership and corporate governance in both oecd and partner countries the compendium serves as a source of up to date . This toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state owned enterprises it covers the key elements of corporate governance including legal and regulatory framework state ownership arrangements performance management systems financial and fiscal discipline boards of directors . Keywords corporate governance state owned enterprises latin america and the caribbean board of directors performance state as owner executive summary effectiveness and structure of boards of directors at state owned enterprises in latin america and the caribbean blc lc ad dce trasa sees 10 introduction the board of directors is a key governing body for all types of enterprises due