Governance Arrangements for State Owned Enterprises

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Release : 2016
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Governance Arrangements for State Owned Enterprises - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governance Arrangements for State Owned Enterprises write by Maria Vagliasindi. This book was released on 2016. Governance Arrangements for State Owned Enterprises available in PDF, EPUB and Kindle. 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 :
Release : 2008
Genre : Accountability
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Book Rating : /5 ( reviews)

Governance Arrangements for State Owned Enterprises - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governance Arrangements for State Owned Enterprises write by Maria Vagliasindi. This book was released on 2008. Governance Arrangements for State Owned Enterprises available in PDF, EPUB and Kindle. 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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Release : 2014-10-02
Genre : Business & Economics
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Book Rating : 297/5 ( reviews)

Corporate Governance of State-Owned Enterprises - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Corporate Governance of State-Owned Enterprises write by World Bank Publications. This book was released on 2014-10-02. Corporate Governance of State-Owned Enterprises available in PDF, EPUB and Kindle. 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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Release : 2015-12-08
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Book Rating : 122/5 ( reviews)

OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition write by OCDE,. This book was released on 2015-12-08. OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition available in PDF, EPUB and Kindle. 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).

The Power of Governance

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Release : 2007-05-01
Genre : Business & Economics
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Book Rating : 812/5 ( reviews)

The Power of Governance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Power of Governance write by R. Khoza. This book was released on 2007-05-01. The Power of Governance available in PDF, EPUB and Kindle. 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.