Privatising Government Business Enterprises

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Privatising Government Business Enterprises

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Author :
language : en
Publisher:
Release Date : 1993

Privatising Government Business Enterprises written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.

Government privatisation of assets has increased substantially. In recent years, the Commonwealth has moved to privatise a number of GBE assets including Qantas, the Commonwealth Serum Laboratories, the Moomba-Sydney Gas Pipeline, the Snowy Mountains Engineering Corporation, and approximately 20% of the Commonwealth Bank of Australia. Privatisation presents a number of different and unique challenges compared with other commercial agreements. Managing the change of ownership from the public to the private sector raises numerous Government issues that are not faced in traditional mergers and acquisitions, for example, industrial arrangements for transfer of staff from the public to the private sector. This paper gives a brief overview of some of the issues to be confronted, including: key methods and procedures for privatisation of GBEs; important Government factors when preparing a GBE for privatisation; and common issues establishing an ongoing 'regulatory framework' for the GBE after privatisation.

Privatization And Control Of State Owned Enterprises

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Author : Ravi Ramamurti
language : en
Publisher: World Bank Publications
Release Date : 1991-01-01

Privatization And Control Of State Owned Enterprises written by Ravi Ramamurti 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 1991-01-01 with Business & Economics categories.

Privatisation And Public Enterprise

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Author : Geeta Gouri
language : en
Publisher:
Release Date : 1991

Privatisation And Public Enterprise written by Geeta Gouri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Political Science categories.

Studies In Public Enterprise

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Author : Venkata Vemuri Ramanadham
language : en
Publisher: Psychology Press
Release Date : 1987

Studies In Public Enterprise written by Venkata Vemuri Ramanadham and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.

First Published in 1987. Routledge is an imprint of Taylor & Francis, an informa company.

Privatization Or Public Enterprise Reform

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Author : Ali Farazmand
language : en
Publisher: Praeger
Release Date : 2001

Privatization Or Public Enterprise Reform written by Ali Farazmand and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.

This book explores the complex question, "Is privatisation a good public policy?"

Selling Public Enterprises

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Author : Leroy P. Jones
language : en
Publisher: MIT Press
Release Date : 1990

Selling Public Enterprises written by Leroy P. Jones and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.

The first book to use economic logic to develop a quantitative approach to making divestiture decisions.

Privatization And State Owned Enterprises

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Author : Paul W. Macavoy
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Privatization And State Owned Enterprises written by Paul W. Macavoy and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises.

Privatization And Public Enterprises

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Author : Mr.Richard Hemming
language : en
Publisher: International Monetary Fund
Release Date : 1998-09-15

Privatization And Public Enterprises written by Mr.Richard Hemming and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-09-15 with Business & Economics categories.

This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.

Privatization And Public Enterprises

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Author : Richard Hemming
language : en
Publisher:
Release Date : 2006

Privatization And Public Enterprises written by Richard Hemming and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

This paper considers whether privatization is an appropriate response to the problems associated with large public enterprise sectors in industrial and developing countries. It is argued that privatization is likely to be the source of some gains in efficiency, as privatized enterprises are less susceptible to political interference, management incentives are improved, and government financial backing is withdrawn. However, more significant gains can be expected from measures that result in public or privatized enterprises being subjected to competitive pressures, and attempts to improve upon incentive and control mechanisms currently used to influence public enterprise performance. From the fiscal point of view, only if there are associated improvements in efficiency can privatization be of benefit to the budget.

Making Public Enterprises Work

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Author : William T. Muhairwe
language : en
Publisher: IWA Publishing
Release Date : 2009-11-15

Making Public Enterprises Work written by William T. Muhairwe and has been published by IWA Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-15 with Science categories.

Public enterprises remain the most dominant medium of service provision in both developing and developed countries. During the 1990s and early 2000s, the outcry about poor performance of public enterprises was overwhelming. Nobody at that time and even now has managed to design a ‘blue print’ solution. And yet, the fact that service provision through public enterprises is here to stay is the blunt truth. In Making Public Enterprises Work - From Despair to Promise: A Turn Around Account, Dr. William Muhairwe, the Managing Director of National Water and Sewerage Corporation of Uganda, discusses the approaches used to turnaround an under-performing state enterprise into a remarkable success story. Drawing on decades of experience, taming ‘struggling’ institutions, Dr. Muhairwe enumerates practical steps taken to make a significant difference in service delivery, for the benefit of any form of enterprise. Combined with facts, simplicity and fun, this book presents a unique account of methods used for constructive engagement and dialogue with donors, government officials, workers, suppliers and, indeed, the public/customers. All chapters are interspersed with tested lessons that any enterprise can benchmark to address its service delivery challenges. It is a great handbook for those involved in re-engineering their businesses. Making Public Enterprises Work contains unique home-grown turnaround reform steps that can help to revamp under-performing enterprises. It is the first book to demonstrate that performance contracts combined with incentives can work wonders in public enterprises. The book discusses how incentive rewards can spread to all levels of staff and encourage wholesome teamwork. It also looks at how enterprises can work without industrial unrest in very difficult conditions. In addition the book demonstrates how public enterprises that have been listed for privatisation can provide alternative restructuring steps. Click here to read and share material related to this title on the IWA WaterWiki.