Governance Arrangements For State Owned Enterprises
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Governance Arrangements For State Owned Enterprises
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Author : Maria Vagliasindi
language : en
Publisher:
Release Date : 2016
Governance Arrangements For State Owned Enterprises written by Maria Vagliasindi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The aim of this paper is to shed new light on key challenges in governance arrangements for state owned enterprises in infrastructure sectors. The paper provides guidelines on how to classify the fuzzy and sometimes conflicting development goals of infrastructure and the governance arrangements needed to reach such goals. Three policy recommendations emerge. First, some of the structures implied by internationally adopted principles of corporate governance for state owned enterprises favoring a centralized ownership function versus a decentralized or dual structure have not yet been sufficiently tested in practice and may not suit all developing countries. Second, general corporate governance guidelines (and policy recommendations) need to be carefully adapted to infrastructure sectors, particularly in the natural monopoly segments. Because the market structure and regulatory arrangements in which state owned enterprises operate matters, governments may want to distinguish the state owned enterprises operating in potentially competitive sectors from the ones under a natural monopoly structure. Competition provides not only formidable benefits, but also unique opportunities for benchmarking, increasing transparency and accountability. Third, governments may want to avoid partial fixes, by tackling both the internal and external governance factors. Focusing only on one of the governance dimensions is unlikely to improve SOE performance in a sustainable way.
Governance Arrangements For State Owned Enterprises
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Author : Maria Vagliasindi
language : en
Publisher: World Bank Publications
Release Date : 2008
Governance Arrangements For State Owned Enterprises written by Maria Vagliasindi and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Accountability categories.
Abstract: The aim of this paper is to shed new light on key challenges in governance arrangements for state owned enterprises in infrastructure sectors. The paper provides guidelines on how to classify the fuzzy and sometimes conflicting development goals of infrastructure and the governance arrangements needed to reach such goals. Three policy recommendations emerge. First, some of the structures implied by internationally adopted principles of corporate governance for state owned enterprises favoring a centralized ownership function versus a decentralized or dual structure have not yet been sufficiently "tested" in practice and may not suit all developing countries. Second, general corporate governance guidelines (and policy recommendations) need to be carefully adapted to infrastructure sectors, particularly in the natural monopoly segments. Because the market structure and regulatory arrangements in which state owned enterprises operate matters, governments may want to distinguish the state owned enterprises operating in potentially competitive sectors from the ones under a natural monopoly structure. Competition provides not only formidable benefits, but also unique opportunities for benchmarking, increasing transparency and accountability. Third, governments may want to avoid partial fixes, by tackling both the internal and external governance factors. Focusing only on one of the governance dimensions is unlikely to improve SOE performance in a sustainable way.
Corporate Governance Of State Owned Enterprises
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Author : World Bank Publications
language : en
Publisher: World Bank Publications
Release Date : 2014-10-02
Corporate Governance Of State Owned Enterprises written by World Bank Publications and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-02 with Business & Economics categories.
This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition
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Author : OCDE,
language : en
Publisher: Org. for Economic Cooperation & Development
Release Date : 2015-12-08
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition written by OCDE, and has been published by Org. for Economic Cooperation & Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-08 with categories.
The new OECD Guidelines on Corporate Governance of State-Owned Enterprises provide an internationally agreed benchmark to help governments assess and improve the way they exercise ownership functions in state-owned enterprises (SOEs).
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition
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Author : Organisation for Economic Co-operation and Development
language : en
Publisher:
Release Date : 2015
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition written by Organisation for Economic Co-operation and Development and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Corporate governance categories.
Abstract: The new OECD Guidelines on Corporate Governance of State-Owned Enterprises provide an internationally agreed benchmark to help governments assess and improve the way they exercise their ownership functions in state-owned enterprises. Good corporate governance of state-owned enterprises is a key reform priority in many countries. Improved efficiency and better transparency in the state owned sector will result in considerable economic gains, especially in countries where state ownership is important. In addition, creating a level playing field for private and state-owned enterprises will encourage a sound and competitive business sector. The Guidelines, first adopted in 2005, provide a set of good practices on the legal and regulatory framework for state-owned enterprises (SOEs), the professionalisation of the state ownership function and the corporate governance arrangements of SOEs. This new version of the recommendation was developed in the light of almost a decade of experiences with its implementation and a number of thematic and comparative studies, developed on the basis of the earlier version of the Guidelines, that showed the need for, and supported, their revision, including in areas such as disclosure and transparency, public-private competition, board practices and funding and financing of SOE
Corporate Governance Of State Owned Enterprises
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Author : Organisation for Economic Co-operation and Development
language : en
Publisher: Org. for Economic Cooperation & Development
Release Date : 2005
Corporate Governance Of State Owned Enterprises written by Organisation for Economic Co-operation and Development and has been published by Org. for Economic Cooperation & Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
This publication gives a comparative review of corporate governance practices in relation to state-owned enterprises in OECD countries, including scale and organisation, board composition and functions, relationships with non-state shareholders, the role of stakeholders transparency and disclosure.
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition Arabic Version
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Author : Organisation for Economic Co-Operation and Development
language : en
Publisher: Org. for Economic Cooperation & Development
Release Date : 2017-05-31
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition Arabic Version written by Organisation for Economic Co-Operation and Development and has been published by Org. for Economic Cooperation & Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-31 with categories.
The new OECD Guidelines on Corporate Governance of State-Owned Enterprises provide an internationally agreed benchmark to help governments assess and improve the way they exercise their ownership functions in state-owned enterprises. Good corporate govern
Broadening The Ownership Of State Owned Enterprises A Comparison Of Governance Practices
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2016-02-04
Broadening The Ownership Of State Owned Enterprises A Comparison Of Governance Practices written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-04 with categories.
The State continues to remain an important shareholder in listed companies worldwide. This book provides fresh perspectives on the motivation to list state-owned enterprises (SOEs) and the process it entails.
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2015-11-19
Oecd Guidelines On Corporate Governance Of State Owned Enterprises 2015 Edition written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-19 with categories.
The new OECD Guidelines on Corporate Governance of State-Owned Enterprises provide an internationally agreed benchmark to help governments assess and improve the way they exercise ownership functions in state-owned enterprises (SOEs).
Corporate Governance In Public Sector Enterprises
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Author : S. M. Dewan
language : en
Publisher: Pearson Education India
Release Date : 2006
Corporate Governance In Public Sector Enterprises written by S. M. Dewan and has been published by Pearson Education India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
This book attempts to understand issues of corporate governance in the case of the public sector units in India.