Korea, OECD hold seminar on governance of state-run enterprises
The finance ministry said Wednesday it hosted a seminar on the governance of state-run enterprises with the Organization for Economic Cooperation and Development (OECD), sharing perspectives on managing such enterprises in the era of artificial intelligence (AI). The Ministry of Finance and Economy said the Korea-OECD Seminar on Corporate Governance of State-Owned Enterprises took place in Paris…
On Tuesday, the Ministry of Finance and Economy in Korea hosted a seminar on the governance of state-run enterprises in collaboration with the Organization for Economic Cooperation and Development (OECD). The event, held in Paris, gathered policy officials from 28 countries and organizations to exchange their insights on managing such enterprises in the era of artificial intelligence (AI).
During the meeting, Korea stressed the importance of countries sharing their experiences to ensure state-run enterprises deliver reliable public services and sustainable results, particularly in light of climate change and digital transformation. The participants delved into the potential opportunities and risks posed by AI technologies for state-run firms, with a focus on cybersecurity and the responsible use of AI.
The discussions also centered around the challenges of balancing state-run enterprises' commercial and noncommercial objectives. Korea outlined its approach to evaluating these companies and providing incentives to maintain a healthy balance between their economic and social missions.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
