Corporate Governance of State-Owned Enterprises

Corporate Governance of State-Owned Enterprises

Author: World Bank Publications

Publisher: World Bank Publications

Published: 2014-10-02

Total Pages: 391

ISBN-13: 1464802297

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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.


Book Synopsis Corporate Governance of State-Owned Enterprises by : World Bank Publications

Download or read book Corporate Governance of State-Owned Enterprises written by World Bank Publications and published by World Bank Publications. This book was released on 2014-10-02 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments

Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments

Author: OECD

Publisher: OECD Publishing

Published: 2020-03-10

Total Pages: 75

ISBN-13: 9264471359

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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.


Book Synopsis Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments by : OECD

Download or read book Implementing the OECD Guidelines on Corporate Governance of State-Owned Enterprises: Review of Recent Developments written by OECD and published by OECD Publishing. This book was released on 2020-03-10 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition

OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition

Author: OCDE,

Publisher: Org. for Economic Cooperation & Development

Published: 2015-12-08

Total Pages: 80

ISBN-13: 9789264244122

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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).


Book Synopsis OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition by : OCDE,

Download or read book OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition written by OCDE, and published by Org. for Economic Cooperation & Development. This book was released on 2015-12-08 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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).


Corporate Governance of State-Owned Enterprises

Corporate Governance of State-Owned Enterprises

Author: Organisation for Economic Co-operation and Development

Publisher: Org. for Economic Cooperation & Development

Published: 2005

Total Pages: 236

ISBN-13:

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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.


Book Synopsis Corporate Governance of State-Owned Enterprises by : Organisation for Economic Co-operation and Development

Download or read book Corporate Governance of State-Owned Enterprises written by Organisation for Economic Co-operation and Development and published by Org. for Economic Cooperation & Development. This book was released on 2005 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Uncovering the Drivers of Utility Performance

Uncovering the Drivers of Utility Performance

Author: Luis A. Andrés

Publisher:

Published: 2013-07-03

Total Pages: 260

ISBN-13:

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This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.


Book Synopsis Uncovering the Drivers of Utility Performance by : Luis A. Andrés

Download or read book Uncovering the Drivers of Utility Performance written by Luis A. Andrés and published by . This book was released on 2013-07-03 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides insights into infrastructure sector performance by focusing on the links between key indicators for utilities, and changes in ownership, regulatory agency governance, and corporate governance, among other dimensions. By linking inputs and outputs over the last 15 years, the analysis is able to uncover key determinants that have impacted performance and address why the effects of such dimensions resulted in significant changes in the performance of infrastructure service provision.


The Routledge Handbook of State-Owned Enterprises

The Routledge Handbook of State-Owned Enterprises

Author: Luc Bernier

Publisher: Routledge

Published: 2020-05-27

Total Pages: 679

ISBN-13: 135104253X

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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.


Book Synopsis The Routledge Handbook of State-Owned Enterprises by : Luc Bernier

Download or read book The Routledge Handbook of State-Owned Enterprises written by Luc Bernier and published by Routledge. This book was released on 2020-05-27 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Reforms, Opportunities, and Challenges for State-Owned Enterprises

Reforms, Opportunities, and Challenges for State-Owned Enterprises

Author: Edimon Ginting

Publisher: Asian Development Bank

Published: 2020-07-01

Total Pages: 355

ISBN-13: 9292622838

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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.


Book Synopsis Reforms, Opportunities, and Challenges for State-Owned Enterprises by : Edimon Ginting

Download or read book Reforms, Opportunities, and Challenges for State-Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


Reforming State-Owned Enterprises in Asia

Reforming State-Owned Enterprises in Asia

Author: Farhad Taghizadeh-Hesary

Publisher: Springer Nature

Published: 2021-02-23

Total Pages: 341

ISBN-13: 9811585741

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This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.


Book Synopsis Reforming State-Owned Enterprises in Asia by : Farhad Taghizadeh-Hesary

Download or read book Reforming State-Owned Enterprises in Asia written by Farhad Taghizadeh-Hesary and published by Springer Nature. This book was released on 2021-02-23 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.


State-owned Enterprises and Corruption

State-owned Enterprises and Corruption

Author: OECD

Publisher: Org. for Economic Cooperation & Development

Published: 2018

Total Pages: 0

ISBN-13: 9789264303041

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- Preface - Foreword - Executive Summary - About this report - The risk of corruption in and around state-owned enterprises: What do we know? - Promoting integrity and preventing corruption in state-owned enterprises: What works and what does not? - The state as an active and informed owner: What can and should it do? - Respondent characteristics - OECD 2017 Survey of Anti-Corruption and Integrity in State-Owned Enterprises


Book Synopsis State-owned Enterprises and Corruption by : OECD

Download or read book State-owned Enterprises and Corruption written by OECD and published by Org. for Economic Cooperation & Development. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: - Preface - Foreword - Executive Summary - About this report - The risk of corruption in and around state-owned enterprises: What do we know? - Promoting integrity and preventing corruption in state-owned enterprises: What works and what does not? - The state as an active and informed owner: What can and should it do? - Respondent characteristics - OECD 2017 Survey of Anti-Corruption and Integrity in State-Owned Enterprises


The Effectiveness of Boards of Directors of State Owned Enterprises in Developing Countries

The Effectiveness of Boards of Directors of State Owned Enterprises in Developing Countries

Author: Maria Vagliasindi

Publisher: World Bank Publications

Published: 2012

Total Pages: 32

ISBN-13:

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This paper aims to shed some new light on the conditions needed to ensure the effectiveness of Boards of Directors of state owned enterprises with a focus on infrastructure sectors. In the case of developing countries, empirical studies have found evidence of positive links between the composition of the Board of Directors and financial performance. Yet the lack of solid theoretical foundations, and in some cases poor data availability, makes the conclusions of most studies weak. Several policy recommendations emerge from the review of the economic literature and evidence from case studies. First, the introduction of a sufficient number of independent directors emerges as an important corporate governance milestone. Empowering them to exercise effective monitoring of management, however, may prove to be a formidable challenge for of state owned enterprises. More attention to board procedures, particularly related to the Board selection and evaluation process, is essential, to produce the necessary insulation of Boards from government interference. Ensuring sufficient continuity of services to directors is particularly crucial to improve corporate governance. In addition, other factors that may reduce directors' ability to monitor corporate activities, such as the age profile and the number of Boards on which they sit, need to be handled more carefully.


Book Synopsis The Effectiveness of Boards of Directors of State Owned Enterprises in Developing Countries by : Maria Vagliasindi

Download or read book The Effectiveness of Boards of Directors of State Owned Enterprises in Developing Countries written by Maria Vagliasindi and published by World Bank Publications. This book was released on 2012 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to shed some new light on the conditions needed to ensure the effectiveness of Boards of Directors of state owned enterprises with a focus on infrastructure sectors. In the case of developing countries, empirical studies have found evidence of positive links between the composition of the Board of Directors and financial performance. Yet the lack of solid theoretical foundations, and in some cases poor data availability, makes the conclusions of most studies weak. Several policy recommendations emerge from the review of the economic literature and evidence from case studies. First, the introduction of a sufficient number of independent directors emerges as an important corporate governance milestone. Empowering them to exercise effective monitoring of management, however, may prove to be a formidable challenge for of state owned enterprises. More attention to board procedures, particularly related to the Board selection and evaluation process, is essential, to produce the necessary insulation of Boards from government interference. Ensuring sufficient continuity of services to directors is particularly crucial to improve corporate governance. In addition, other factors that may reduce directors' ability to monitor corporate activities, such as the age profile and the number of Boards on which they sit, need to be handled more carefully.