Governance And State Owned Enterprises How Costly Is Corruption

Author : Ms.Anja Baum,Clay Hackney,Paulo Medas,Mouhamadou Sy
Publisher : International Monetary Fund
Page : 43 pages
File Size : 46,5 Mb
Release : 2019-11-22
Category : Social Science
ISBN : 9781513519296

Get Book

Governance and State-Owned Enterprises: How Costly is Corruption? by Ms.Anja Baum,Clay Hackney,Paulo Medas,Mouhamadou Sy Pdf

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 : OECD
Publisher : OECD Publishing
Page : 148 pages
File Size : 42,7 Mb
Release : 2018-08-27
Category : Electronic
ISBN : 9789264303058

Get Book

State-Owned Enterprises and Corruption What Are the Risks and What Can Be Done? by OECD Pdf

Corruption is the antithesis of good governance, and it is a direct threat to the purpose of state ownership. This report brings a comprehensive set of facts and figures to the discussion about the corruption risks facing state-owned enterprises (SOEs).

Author : Ravi Ramamurti,Raymond Vernon
Publisher : World Bank Publications
Page : 344 pages
File Size : 42,8 Mb
Release : 1991-01-01
Category : Business & Economics
ISBN : 0821318632

Get Book

Privatization and Control of State-owned Enterprises by Ravi Ramamurti,Raymond Vernon Pdf

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 49,8 Mb
Release : 2005-12-16
Category : Electronic
ISBN : 9789264009431

Get Book

Corporate Governance of State-Owned Enterprises A Survey of OECD Countries by OECD Pdf

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area.

Author : World Bank Publications
Publisher : World Bank Publications
Page : 388 pages
File Size : 46,8 Mb
Release : 2014-10-02
Category : Business & Economics
ISBN : 9781464802294

Get Book

Corporate Governance of State-Owned Enterprises by World Bank Publications Pdf

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 : Edimon Ginting,Kaukab Naqvi
Publisher : Unknown
Page : 368 pages
File Size : 55,5 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 929262282X

Get Book

Reforms, Opportunities, and Challenges for State-Owned Enterprises by Edimon Ginting,Kaukab Naqvi Pdf

Author : Uwe Böwer
Publisher : International Monetary Fund
Page : 27 pages
File Size : 42,6 Mb
Release : 2017-10-30
Category : Business & Economics
ISBN : 9781484315163

Get Book

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly by Uwe Böwer Pdf

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.

Author : Mr. Ernesto Ramirez Rigo,Christine J. Richmond,Oluremi Akin Olugbade,Gareth Anderson,Maria Atamanchuk,Mr. Hatim Bukhari,Iacovos Ioannou,Deeksha Kale,Tannous Kass-Hanna,Mr. Maximilien Queyranne,Wei Shi,Joyce Wong
Publisher : International Monetary Fund
Page : 153 pages
File Size : 54,5 Mb
Release : 2021-09-20
Category : Business & Economics
ISBN : 9781513594088

Get Book

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges by Mr. Ernesto Ramirez Rigo,Christine J. Richmond,Oluremi Akin Olugbade,Gareth Anderson,Maria Atamanchuk,Mr. Hatim Bukhari,Iacovos Ioannou,Deeksha Kale,Tannous Kass-Hanna,Mr. Maximilien Queyranne,Wei Shi,Joyce Wong Pdf

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 : OECD
Publisher : OECD Publishing
Page : 76 pages
File Size : 43,7 Mb
Release : 2017-09-14
Category : Electronic
ISBN : 9789264280663

Get Book

The Size and Sectoral Distribution of State-Owned Enterprises by OECD Pdf

State-owned enterprises (SOEs) are important elements of many national economies. They are also increasingly active internationally, which has led to renewed concerns in recent years about whether their competitive conditions in home markets might adversely impact “fair” competition.

Author : Ms. Emilia M Jurzyk,Mr. Cian Ruane
Publisher : International Monetary Fund
Page : 45 pages
File Size : 45,8 Mb
Release : 2021-03-12
Category : Business & Economics
ISBN : 9781513571928

Get Book

Resource Misallocation Among Listed Firms in China: The Evolving Role of State-Owned Enterprises by Ms. Emilia M Jurzyk,Mr. Cian Ruane Pdf

We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.

Author : Mihaela Maria Barnes
Publisher : Cambridge University Press
Page : 341 pages
File Size : 46,7 Mb
Release : 2021-12-02
Category : Law
ISBN : 9781108832878

Get Book

State-Owned Entities and Human Rights by Mihaela Maria Barnes Pdf

Examines the fundamental role played by international law in the regulation of State-owned entities from a human rights perspective.

Author : Pierangelo Maria Toninelli
Publisher : Cambridge University Press
Page : 342 pages
File Size : 42,8 Mb
Release : 2000-10-02
Category : Business & Economics
ISBN : 0521780810

Get Book

The Rise and Fall of State-Owned Enterprise in the Western World by Pierangelo Maria Toninelli Pdf

This book examines the twentieth-century rise and fall of state-owned enterprises in Western political economy.

Author : OECD
Publisher : OECD Publishing
Page : 226 pages
File Size : 47,8 Mb
Release : 2020-09-29
Category : Electronic
ISBN : 9789264544536

Get Book

OECD Business and Finance Outlook 2020 Sustainable and Resilient Finance by OECD Pdf

The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment.

Author : Anonim
Publisher : World Bank Publications
Page : 138 pages
File Size : 43,5 Mb
Release : 2000-01-01
Category : Political Science
ISBN : 0821348027

Get Book

Anticorruption in Transition by Anonim Pdf

With the increasing recognition across the world of the damaging effects of corruption on economic growth and social stability. This report seeks to unpack the varied practices of corruption to identify and compare different patterns of the transition countries of Central and Eastern Europe, the Baltic states, and the Commonwealth of Independent States. It then draws out lessons for tailoring anticorruption strategies to address the variation across the region in an effort to target reforms more effectively. The report draws on many sources of ongoing research and lessons of experience, including the World Bank's work in this area. It is intended as a contribution to the growing policy dialogue on developing practical strategies for reducing corruption.

Author : OCDE,
Publisher : Org. for Economic Cooperation & Development
Page : 80 pages
File Size : 43,8 Mb
Release : 2015-12-08
Category : Electronic
ISBN : 9264244123

Get Book

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

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).