The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Tue, 11 Aug 2026 16:16:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.9 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png OECD Guidelines for Multinational Enterprises Revised for 2011 – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 OECD Guidelines for Multinational Enterprises Revised for 2011 https://corpgov.law.harvard.edu/2011/09/03/oecd-guidelines-for-multinational-enterprises-revised-for-2011/?utm_source=rss&utm_medium=rss&utm_campaign=oecd-guidelines-for-multinational-enterprises-revised-for-2011 https://corpgov.law.harvard.edu/2011/09/03/oecd-guidelines-for-multinational-enterprises-revised-for-2011/#comments Sat, 03 Sep 2011 14:13:23 +0000 http://blogs.law.harvard.edu/corpgov/?p=20558?d=20160404102736EDT Recently, 42 countries agreed to a revised version of the Organisation for Economic Co-operation and Development’s Guidelines for Multinational Enterprises. This group includes the 34 OECD countries plus Argentina, Brazil, Egypt, Latvia, Lithuania, Morocco, Peru and Romania. The Guidelines are a non-binding code of conduct aimed at promoting more responsible conduct among the international business community.

This latest update of the guidelines was prompted by the growing complexity and globalization of the world economy. Non-adhering countries, and multinational business enterprises in those countries, have become an increasingly important part of that economy. This, along with more pressing concerns, including the financial crises, concerns over climate change, and a renewed focus on international development, helped motivate a review of Guidelines, the fourth since their initial adoption in 1976 and the first since 2000.

The initial call for review came in 2009 at the annual meeting of National Contact Points, which are entities in each country responsible for implementing the Guidelines. Consultation took place with members of the business community, trade unions, non-governmental organizations, non-adhering countries, and international organizations. The final guidelines were adopted on May 25, 2011.

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