Privatization, Corporate Governance and the Emergence of Markets - 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 Privatization, Corporate Governance and the Emergence of Markets write by E. Rosenbaum. This book was released on 2000-03-23. Privatization, Corporate Governance and the Emergence of Markets available in PDF, EPUB and Kindle. The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the emergence of markets.
Corporate Governance, State-Owned Enterprises and Privatisation
Corporate Governance, State-Owned Enterprises and Privatisation - 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, State-Owned Enterprises and Privatisation write by OECD. This book was released on 1998-04-03. Corporate Governance, State-Owned Enterprises and Privatisation available in PDF, EPUB and Kindle. This publication presents the papers of the OECD conference on "State-Owned Enterprises, Privatisation and Corporate Governance" which took place in Paris on 3 and 4 March 1997.
Governance, Regulation, and Privatization in the Asia-Pacific Region
Governance, Regulation, and Privatization in the Asia-Pacific Region - 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, Regulation, and Privatization in the Asia-Pacific Region write by Takatoshi Ito. This book was released on 2007-11-01. Governance, Regulation, and Privatization in the Asia-Pacific Region available in PDF, EPUB and Kindle. Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.
Corporate Governance A Policy Maker's Guide to Privatisation
Corporate Governance A Policy Maker's Guide to Privatisation - 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 A Policy Maker's Guide to Privatisation write by OECD. This book was released on 2019-03-21. Corporate Governance A Policy Maker's Guide to Privatisation available in PDF, EPUB and Kindle. Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public.
Privatization and Corporate Governance
Privatization and Corporate 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 Privatization and Corporate Governance write by Samer Ali Kobeissi. This book was released on 2006. Privatization and Corporate Governance available in PDF, EPUB and Kindle. Privatization has lately become a hot topic, especially in developing countries. There is more and more evidence that the success of privatization highly depend s on the corporate governance practices within a country as well as within the p rivatized firm itself. This paper presents an elaborate review of the previous l iterature on privatization and corporate governance, with special attention to t he internal and external control mechanisms that monitor firm's performance. Next, the paper focuses on privatization in the Arab World. It uses a sample of 18 firms to conduct an exploratory empirical analysis on the effect of privatiza tion on firm's performance and the link between post-privatization performance a nd corporate governance variables. In general, the privatized firms show improvements in performance, increase in o utput, and decrease in debt level and in investment level. There is also an impr ovement in stock performance on the long run. In terms of the effect of governance on performance, lower levels of government ownership are associated with higher profitability, higher level of investment, and lower debt level. Also, positive changes in board are associated with higher profitability, higher levels of output, and lower debt levels, but also with lo wer levels of investment. However, the relationship between governance variables and stock performance is not clear.
