Dispute resolution in corporate governance is an element of corporate governance enforcement and thus fits in the 2004 OECD Principles. The exploratory meeting focused on corporate governance related disputes between shareholders on the one side and other corporate bodies (e.g. boards) and stakeholders (including creditors) on the other side. Issues discussed included the spectrum of judicial redress possibilities, the categories of disputes as well as the qualities of the dispute resolution mechanism sought for in case of corporate governance related disputes.

Further issues discussed included the costs versus benefits consideration, the problem of lawmakers also being law enforcers and the fact that a corporate governance problem is not the same as a corporate governance dispute.

In order to assess the wide variety on possible alternatives, the presenters and discussants came from different legal traditions (anglo-saxon versus civil law), different professions (e.g. judges, lawyers, academics, policymakers, international organisations), as well as from different international institutions.

More information on the OECD site. link