In 2014, the OECD undertook a review of the Guidelines to take into account developments since their adoption and the experiences of the growing number of countries that have taken steps to implement them. This review assesses participating countries’ state enterprise ownership policies using the SOE Guidelines developed in2005 as a benchmark.The report aims to provide guidance, based on other countries’ experience, to authorities seeking to reform or review their ownership policies. It applies two practical approaches. First, it provides an inventory of national practices regarding the application of the Guidelines recommendation that governments should develop andissue an ownership policy. This policy should define the overall objectives of state ownership, the state’s role in the corporate governance of state-owned enterprises (SOEs), and how it will implement its ownership policy. Second, the report illustrates how the state enterprise ownership policy is applied in situations where new SOEs arecreated, or when the state decides to terminate its enterprise ownership.Information included in the report is current as of October 2014. The report was given final approval and declassified by the Working Party in November 2014. It was prepared by Mary Crane-Charef with guidance and inputs from Hans Christiansen, both of the Corporate Affairs Division of the OECD Directorate for Financial andEnterprise Affairs.