Corporate Governance of State-Owned Enterprises PDF Download
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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: World Bank Publications
Publisher: World Bank Publications
ISBN: 1464802297
Category : Business & Economics
Languages : en
Pages : 391
Get Book Here
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: 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.
Author: David H. Scott
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 56
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Book Description
Corporate governance arrangements define the responsibilities, authorities and accountabilities of owners, boards of directors, and executive managers of a company. Good corporate governance is as important for state financial institutions as for private sector companies. Many of the problems that commonly afflict state financial institutions can be associated with, if not attributed directly to, weaknesses in corporate governance. This note draws on guidelines recently published by the OECD and the Basel Committee for Banking Supervision to compile a comprehensive corporate governance evaluation framework relevant to state-owned commercial and development finance institutions. It highlights aspects of this framework that are considered to be of particular importance to state financial institutions by citing innovative practices in a number of countries. Finally, it presents a detailed case study of the governance arrangements in place at the Development Bank of Southern Africa.
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.
Author: Gudo, Julieth
Publisher: Taylor & Francis
ISBN: 1040031560
Category :
Languages : en
Pages : 171
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Book Description
This book examines the important role which civil society organisations in South Africa play in challenging poor corporate governance in state-owned enterprises and demanding better government accountability, transparency and citizen participation. The book provides a powerful examination of the shortcomings in corporate governance in South Africa's state-owned enterprises, highlighting how civil society organisations, as citizen representatives, can push for change. It examines the legal provisions used by civil society organisations in South Africa to advance good corporate governance and accountability in state-owned enterprises. The book demonstrates the need for an enabling legal environment for civil society organisations to challenge poor governance in state-owned enterprises. Also critical is enforcing laws, so those responsible for poor corporate governance in SOEs are held accountable. The book will be useful to policy advisors, public servants and social justice activists, as well as to postgraduate students and researchers who are interested in African governance and accountability.
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: Modimowabarwa Kanyane
Publisher: Taylor & Francis
ISBN: 1040027415
Category : Political Science
Languages : en
Pages : 180
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Book Description
This book assesses landmark empirical studies, state capture concerns, corruption, and fraud in South Africa’s public sector and thereby reflect on issues of accountability and ethics as cornerstones of governance. Bringing together some of the best minds about corruption, ethics, and governance from a multidisciplinary perspective, the book pushes critical thinking to interrogate interventions that could stamp out and stop the rot of corruption in society. The book investigates the behaviours of officials and politicians engaging in acts of corruption and considers how state institutions have been captured and corrupted by these people. Considering South Africa’s historical and regional context, the book also considers the role of watchdogs, auditors, and public opinion. In suggesting mechanisms for combating and preventing corruption, the book ultimately advocates for long-lasting preventive interventions instead of current short-lived and costly approaches to combating corruption. Combining original case studies, empirical work, and some comparisons in Zimbabwe and Botswana with South Africa, this book will be of interest to students, researchers, and policymakers working on corruption, ethics, and governance from the context of public administration and law.
Author: Mzukisi Qobo
Publisher: Springer Nature
ISBN: 3031105761
Category : Political Science
Languages : en
Pages : 388
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Book Description
This book examines the COVID-19 pandemic through socioeconomic lens that draw on history, approaches to state-market relations, and public policy perspectives In 2020, the world experienced the worst pandemic since the outbreak of the Spanish Flu of 1918, which continues to have far[1]reaching implications for the global economy and triggered macro-economic dislocations that severely affected the most vulnerable countries and segments of society. This book was conceived as a response to the disruptive shifts induced by the pandemic, with a particular focus on South Africa. International experience has shown that countries and societies that have gone through tough economic times, either as a consequence of wars or economic depressions, have responded to crises by enacting unpopular policy measures based on difficult tradeoffs, which often made way for innovation. The authors outline policy responses to the COVID-19 crisis and propose several interventions to mitigate its effects. These include developing innovative approaches to fiscal and monetary policies, labour market policies, industrial policies, as well as social policies. Building state capabilities, improving the governance and performance of state institutions, and managing digital change are some of the clear policy interventions that are laid out in this book.
Author: Uwe Böwer
Publisher: International Monetary Fund
ISBN: 1484326261
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.
