OECD Corporate Governance Factbook 2025, The rights of shareholders and key ownership functions (chapter)

Board approval of significant or non-routine related party transactions is now required in 87 per cent of the 52 jurisdictions against 54 per cent in 2014, and abstention of related board members from approving the transaction is required in 83 per cent against 80 per cent in 2022, 50 per cent in 2018 and 30 per cent in 2014. Immediate disclosure of material related party transactions is required in 94 per cent, up from 88 per cent in 2022 and 50 per cent in 2016, and in 40 per cent of jurisdictions board approval, abstention and independent review are cumulatively required. The Factbook prints both 87 per cent and 85 per cent for board approval against the same 2014 baseline; the country note comparison table resolves it at 45 of 52 jurisdictions, so 87 per cent is the figure to cite and the discrepancy should travel with it.