Privatization and Control of State-owned Enterprises

Privatization and Control of State-owned Enterprises PDF Author: Ravi Ramamurti
Publisher: World Bank Publications
ISBN: 9780821318638
Category : Business & Economics
Languages : en
Pages : 344

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Privatization and Control of State-owned Enterprises

Privatization and Control of State-owned Enterprises PDF Author: Ravi Ramamurti
Publisher: World Bank Publications
ISBN: 9780821318638
Category : Business & Economics
Languages : en
Pages : 344

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Act on the Privatisation of State-owned Enterprises

Act on the Privatisation of State-owned Enterprises PDF Author: International Foundation for Capital Market Development and Ownership Changes in Poland. Center for Privatization
Publisher:
ISBN:
Category :
Languages : en
Pages : 19

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Act on the privatisation of state-owned enterprises

Act on the privatisation of state-owned enterprises PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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Privatizing Public Enterprises

Privatizing Public Enterprises PDF Author: Cosmo Graham
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 450

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Book Description
This is the first book to use a comparative approach to examine the effects of different constitutional and legal traditions on privatization. Cosmo Graham and Tony Prosser focus on privatization in the UK and France. They suggest that the British Government was remarkably free from constitutional limitation, whereas in France the written constitution imposed important restrictions on the scope of privatization and on the arrangements of the pricing of shares. They go on to describe the links created between privatized enterprises and government by devices such a golden shares and analyse the constraints of competition law and the regulatory arrangements in Britain. They also compare the British regulatory agencies with those in the US, looking in particular at the way in which the influence of Federal and State constitutions has led to the incorporation of significant elements of openness in decision-making procedures. This detailed analysis of the effect of legal constraints on economic policy adds a constitutional dimension to what has primarily been seen as an economic issue, and will make a unique and valuable contribution to current debates in political studies.

Privatization

Privatization PDF Author: Ernst & Young
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description
Political upheaval in Eastern Europe, crippling debt in Latin America, and a volatile North American economy have created a climate in which privatization has emerged as a dramatic new business opportunity. While providing governments with a chance to cut losses and quickly generate much-needed cash, privatization offers new investment opportunities with strong upside potential for businesses.

Legal Aspects of Privatisation

Legal Aspects of Privatisation PDF Author: Bulent Seven
Publisher: Universal-Publishers
ISBN: 1581121741
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
The main aims of this thesis are as follows:(a) To present a comprehensive analysis of the concept of privatisation its origins and limits, (b) To identify the legal and institutional framework for privatisation in different European countries from a comparative perspective; (c) To define and analyse particularly legal issues which arise during the privatisation transactions: e.g. labour law, competition law etc.; (d) To evaluate which features of the successful legal and organisational framework of privatisation have been successful so as to provide guidelines for those individuals and organisations participating in the privatisation exercises.This work found out that there is no simple, internationally applicable recipe for privatisation; various legal methods and techniques can be used to privatise state owned enterprises. Because each country has different circumstances, it is impossible to provide a unique model for privatisation; each country needs to design its own model according to its circumstances.Privatisation is an essential but insufficient element for structural economic reform in the economy and society. Privatisation is not a panacea, it is not the solution to every economic and administrative problem; selling an enterprise to the private sector does not mean an end to all problems. Also privatisation is not an overnight process or a magic touch; it will be a lengthy process. Furthermore, a decision that something can be privatised does not mean that it should be privatised.In that context, privatisation is not good or bad; it is an economic and social instrument. If it is well designed it may bring substantial benefits to the economy and society.In many countries, many state owned enterprises, particularly the ones which are financially weak, have still not been privatised. This finding revealed that the privatisation process will be in the political and economic agenda for at least few more decades.

Act on the Privatisation of State-owned Enterprises of July 13, 1990

Act on the Privatisation of State-owned Enterprises of July 13, 1990 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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The Privatization Challenge

The Privatization Challenge PDF Author: Pierre Guislain
Publisher: World Bank Publications
ISBN: 9780821337363
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
analisa os aspectos legais e institucionais e apresenta uma lista com a legislação sobre privatização em 112 paises.

Privatization and State-Owned Enterprises

Privatization and State-Owned Enterprises PDF Author: Paul W. Macavoy
Publisher: Springer Science & Business Media
ISBN: 9401174296
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
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.

Reforms, Opportunities, and Challenges for State-Owned Enterprises

Reforms, Opportunities, and Challenges for State-Owned Enterprises PDF Author: Edimon Ginting
Publisher: Asian Development Bank
ISBN: 9292622838
Category : Business & Economics
Languages : en
Pages : 355

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Book Description
State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.