State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly

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Release : 2017-10-30
Genre : Business & Economics
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Book Rating : 162/5 ( reviews)

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly - 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 State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly write by Uwe Böwer. This book was released on 2017-10-30. State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly available in PDF, EPUB and Kindle. 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.

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly

Download State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly PDF Online Free

Author :
Release : 2017-10-30
Genre : Business & Economics
Kind :
Book Rating : 261/5 ( reviews)

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly - 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 State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly write by Uwe Böwer. This book was released on 2017-10-30. State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly available in PDF, EPUB and Kindle. 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.

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe

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Release : 2019-06-18
Genre : Business & Economics
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Book Rating : 143/5 ( reviews)

Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe - 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 Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe write by Christine J. Richmond. This book was released on 2019-06-18. Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe available in PDF, EPUB and Kindle. The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not always equally shared across society, and it has now slowed dramatically in many countries of the region.

Remuneration of Boards of Directors and Executive Management in State-Owned Enterprises

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Release : 2022-06-16
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Book Rating : 32X/5 ( reviews)

Remuneration of Boards of Directors and Executive Management in 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 Remuneration of Boards of Directors and Executive Management in State-Owned Enterprises write by OECD. This book was released on 2022-06-16. Remuneration of Boards of Directors and Executive Management in State-Owned Enterprises available in PDF, EPUB and Kindle. The remuneration of board members and key executives of listed companies has received considerable attention in the past decade. The same issue has yet to be fully addressed in the case of state-owned enterprises (SOEs). This report seeks to fill the gap by taking stock of the policies and practices underpinning the remuneration of supervisory board members and executive managers of SOEs across 36 OECD member and partner countries.

The Routledge Handbook of State-Owned Enterprises

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Release : 2020-05-27
Genre : Business & Economics
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Book Rating : 53X/5 ( reviews)

The Routledge Handbook 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 The Routledge Handbook of State-Owned Enterprises write by Luc Bernier. This book was released on 2020-05-27. The Routledge Handbook of State-Owned Enterprises available in PDF, EPUB and Kindle. State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation. The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world. It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.