Corporate Governance Challenges in State Owned Enterprises in Zimbabwe PDF Download
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Author: Anthony Tapiwa Mazikana
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Governments in every country across the globe have been directly producing and distributing a variety of goods and services, which indicates that they are actively participating in a wide range of economic activities. The extent to which a country is involved in this process differs from nation to nation. This has led to the establishment of state-owned businesses, of which the government is, in the majority of cases, the single shareholder. The participation of the government is warranted for a number of reasons, the primary ones being to regulate the market when there is a failure in the market and to provide strategic services at prices that the average citizen can afford. As a direct consequence of this, the government regulates the prices that these businesses can charge, which causes a significant number of them to incur operational deficits. This write up intends to discuss the problems associated with corporate governance in State owned enterprises in Zimbabwe. To put this write up into proper context the author shall first define key terms such as state owned enterprises and corporate governance.
Author: Anthony Tapiwa Mazikana
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Governments in every country across the globe have been directly producing and distributing a variety of goods and services, which indicates that they are actively participating in a wide range of economic activities. The extent to which a country is involved in this process differs from nation to nation. This has led to the establishment of state-owned businesses, of which the government is, in the majority of cases, the single shareholder. The participation of the government is warranted for a number of reasons, the primary ones being to regulate the market when there is a failure in the market and to provide strategic services at prices that the average citizen can afford. As a direct consequence of this, the government regulates the prices that these businesses can charge, which causes a significant number of them to incur operational deficits. This write up intends to discuss the problems associated with corporate governance in State owned enterprises in Zimbabwe. To put this write up into proper context the author shall first define key terms such as state owned enterprises and corporate governance.
Author: R. Khoza
Publisher: Springer
ISBN: 0230288812
Category : Business & Economics
Languages : en
Pages : 346
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Book Description
Eskom is a South African company that has developed from a state utility under apartheid into a competitive state-owned enterprise. This book draws on the knowledge about corporate governance in state-owned enterprises. It locates Eskom's experience in that context and argues that a state-owned enterprise can be run as efficiently as any other.
Author: World Bank Publications
Publisher: World Bank Publications
ISBN: 1464802297
Category : Business & Economics
Languages : en
Pages : 391
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Book Description
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.
Author: Mr. Ernesto Ramirez Rigo
Publisher: International Monetary Fund
ISBN: 1513594087
Category : Business & Economics
Languages : en
Pages : 153
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Book Description
Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Author: Nomsa Jane Moyo
Publisher: Routledge
ISBN: 1000555216
Category : Social Science
Languages : en
Pages : 251
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Book Description
This study focuses on the corporate governance initiatives, laws and regulations aimed at enhancing the effectiveness of boards of public entities in Zimbabwe. The key question addressed is whether or not the corporate governance initiatives and legal and regulatory reforms in Zimbabwe are sufficient to enable boards of public entities to effectively discharge their duties and meet internationally accepted corporate governance standards. A comparative analysis of Zimbabwe’s public entities corporate governance framework to that of South Africa (a developing country like Zimbabwe) and Australia (a developed country with similar common law heritage) is also conducted. Recommendations are made on how best to enhance the effectiveness of boards of public entities in order to promote good corporate governance practices in Zimbabwean public entities.
Author: Ms.Anja Baum
Publisher: International Monetary Fund
ISBN: 1513522221
Category : Social Science
Languages : en
Pages : 43
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Book Description
State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption affects the performance of SOEs using firm level data across a large number of countries. One striking result is that SOEs perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also show that SOE governance reforms can generate significant performance gains.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264458921
Category :
Languages : en
Pages : 137
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Book Description
This review of Corporate Governance in Costa Rica was prepared as part of Costa Rica’s accession process for OECD membership. During the three-year period of the review, the government made substantial progress in strengthening its institutional and legal framework in line with the G20/OECD Principles of Corporate Governance and OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs).
Author: OECD
Publisher: OECD Publishing
ISBN: 9264392025
Category :
Languages : en
Pages : 186
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Book Description
A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264471359
Category :
Languages : en
Pages : 84
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Book Description
This report documents changes in state ownership and SOE governance in both OECD and partner economies and assesses the extent to which the Guidelines have served as a “roadmap for reform” in individual countries since 2015, following the most recent update of the Guidelines. Drawing on practices in up to 31 jurisdictions, it covers organising the state enterprise ownership function; safeguarding a level playing field between SOEs and private businesses; equitable treatment of shareholders and other investors; stakeholder relations and responsible business; transparency and disclosure practices; and professionalising boards of directors.
Author: Organisation for Economic Co-operation and Development
Publisher: Org. for Economic Cooperation & Development
ISBN:
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
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.
